UPDATE: Enova (ENVA) Says Revenue of CFPB-Covered Products Could Decline 30% - 40% Under Proposed Rule
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Enova Discusses Potential Impact of CFPB Proposed Rule on Consumer Access to Credit; Affirms Strategy and Ability to Adapt Its US Business
June 6, 2016 4:15 PM EDTCHICAGO, June 6, 2016 /PRNewswire/ --Â Enova International, Inc. (NYSE: ENVA), a leading financial technology company offering consumer and small business loans and financing, has completed a preliminary assessment of the proposed rule regarding small-dollar loans issued on June 2nd by the Consumer Financial Protection Bureau (CFPB). As previously announced, the Company will hold an investor call to discuss the proposed rule today at 4:00 p.m. Central Time / 5:00 p.m. Eastern Time.
Enova has been a leader in online lending... More
