This month, over 250,000 consumers harmed by leasing company Tempoe will finally begin to receive refund checks in the mail.
Tempoe offered point-of-sale financing at major retailers, including Sears and Kmart. The CFPB took action against the company for tricking customers into expensive leasing agreements by hiding the contract terms and costs.
Tempoe’s practices left hundreds of thousands of customers on the hook to pay for merchandise they couldn’t afford or return. Tempoe generated approximately $192 million in revenues from about 325,000 consumers from its unlawful conduct.
If you have been a victim of predatory or deceptive lending, call the Law Office of Camron Hoorfar 816-944-0251.