Pawn Shop Must Face CFPB's Military Law Claims, Judge Says
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By Katryna Perera

In a matter of first impression, a Texas federal judge has ruled that
national pawn shop company FirstCash Inc. cannot use a "bona fide error"
defense to argue that its alleged violation of the Military Lending Act was
an unintentional mishap, saying the defense only applies to private
borrower claims, not federal agency suits.

 Opinion attached | Read full article »
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