Today, the 🇺🇸 Consumer Financial Protection Bureau sued Heights Finance Holding Company (southernmanagement.com) a high-cost installment lender, as well as several of Heights's subsidiaries (collectively, Southern), for illegal loan-churning practices that harvested hundreds of millions in loan costs and fees #usa #consumers #finance #loans #management [ https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-installment-lending-conglomerate-for-illegally-churning-loans-to-harvest-hundreds-of-millions-in-loan-costs-and-fees/ ] #informatique