AGP Executive Report
Last update: 5 hours agoConsumer Credit Crackdown: South Carolina’s Department of Consumer Affairs has settled with online lender Cash Central after claims it charged APRs up to 246%, with refunds promised to affected borrowers and a reminder to check rate charts before taking high-cost loans. Privacy & Consent Lawsuit: California cannabis retailer Stiiizy is facing a federal suit alleging it hid tracking tools on its sites, then sold user shopping data to brokers without consent. Retail Stress Test: UK discount chain Poundstretcher is close to administration, with High Court filings citing a £2.8m funding shortfall that could grow to £9.7m—putting hundreds of jobs and two Swindon stores at risk. Food Prices: India’s Amul is raising milk prices by ₹2 per litre, citing input cost pressure. Regulation Ahead: Malaysia’s Consumer Credit Commission is briefing industry on new licensing and registration under the Consumer Credit Act 2025, with requirements set to start June 1.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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