In April 2017 the Consumer Financial Protection Bureau filed an enforcement action asserting that Golden Valley and three other lenders were engaged
in unfair debt collection practices because they violated state usury laws, and also failed to disclose the effective interest rates, violating the federal Truth in Lending law (enacted in 1969).
According to the FTC, consumers are to be safeguarded from abusive, harassing or
unfair debt collection practices.
The Consumer Law attorneys and paralegals of Community Legal Services of Mid-Florida work on behalf of low - income homeowners who are targeted by unscrupulous lending entities and do not have the means to defend themselves, as well as for individuals facing illegal and
unfair debt collection practices.