In Tuesday’s action, the settlement involves alleged violations regarding administration of payday advances

In Tuesday’s action, the settlement involves alleged violations regarding administration of payday advances

A California payday loan provider is refunding about $800,000 to consumers to be in allegations so it steered borrowers into high interest loans and involved with other practices that are illegal state officials stated Tuesday. California Check Cashing Stores additionally consented to spend $105,000 in charges as well as other expenses in a permission order aided by the state’s Department of Business Oversight, which was cracking straight straight straight down on payday along with other high expense customer loans that experts allege are predatory. (more…)

Continue Reading In Tuesday’s action, the settlement involves alleged violations regarding administration of payday advances