Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., May 14, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies CURO Group Holdings Corp FollowAug 22 (Reuters) - A U.S. consumer finance regulator sued a subsidiary of fintech lender Curo Group Holdings Corp. (CURO.N) on Tuesday, alleging it pushed struggling borrowers to refinance short-term loans to keep them in debt and reap fees. Curo acquired Heights Finance for $360 million in late 2021 from private equity firm Milestone Partners. The agency said Heights Finance generated 40% of its net revenue from repeated refinances. The case is CFPB v. Heights Finance Holding Co. et al., No.

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Persons: Andrew Kelly, Rohit Chopra, Curo, refi, Jody Godoy, Mark Potter Organizations: Consumer Financial Protection Bureau, Washington , D.C, REUTERS, CURO Group Holdings, Curo Group Holdings Corp, U.S, Finance Holding Co, Heights Finance, Milestone Partners, Finance, Heights Finance Holding, District of, Thomson Locations: Washington ,, U.S, Greenville , South Carolina, Texas , Oklahoma , Alabama, Georgia , Tennessee, South Carolina, District of South Carolina, New York