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ALEXANDRIA, Va.–Representatives of five different credit union groups challenged NCUA’s justifications for more spending next year during the agency’s annual budget briefing, raising particular concerns around the proposed hiring of consumer compliance specialists and pointing to areas where they say the budget can be cut.

WASHINGTON — The Consumer Financial Protection Bureau (CFPB) has ordered online lender Enova International Inc. to pay a $15 million penalty for what it said is “widespread illegal conduct,” including withdrawing funds from customers’ bank accounts without their permission, making deceptive statements about loans, and cancelling loan extensions.

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Richard Roark

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