Business

July 11, 2014 12:00 AM

Feds hit payday lender with $10 million in penalties, refunds

ACE Cash Express, a payday lending company with several stores in Miami, has reached a deal with federal regulators who accused the lender of trapping consumers in a “cycle of debt.”

Related content

Comments

Videos

More Videos

Meet the Bugatti Chiron, that is if you have $2.5 million to spare 01:12

Meet the Bugatti Chiron, that is if you have $2.5 million to spare

SeaWorld and Guy Harvey partner for exhibit for new Mako coaster 03:56

SeaWorld and Guy Harvey partner for exhibit for new Mako coaster

Night Owl Cookie Co. delivers fresh baked cookies at night 01:14

Night Owl Cookie Co. delivers fresh baked cookies at night

Carnival Corp. announces Cuban-born people will be allowed on cruises to Cuba 01:42

Carnival Corp. announces Cuban-born people will be allowed on cruises to Cuba

Turnberry Isle Resort transforms for Passover 01:19

Turnberry Isle Resort transforms for Passover

See the beat on your feet with Sync footwear 00:55

See the beat on your feet with Sync footwear

Jurbid 02:00

Jurbid

Joust 01:01

Joust

Settleitsoft 01:49

Settleitsoft

Pooch Perks 02:08

Pooch Perks

ValueDOC 01:48

ValueDOC

Share Video

Editor's Choice Videos