Archive for the ‘Installment Title Loans’ Category

Cash advance Group Slapped With Record $1.3B Fine for 700 Percent Lending Rates

Montag, Januar 20th, 2020

Cash advance Group Slapped With Record $1.3B Fine for 700 Percent Lending Rates

Breaking News Emails

A federal judge in Nevada stated expert racecar driver Scott Tucker and many of their organizations owe $1.27 billion into the Federal Trade Commission after methodically deceiving payday financing clients concerning the price of their loans.

There Are New Rules to Limit Payday Lending Debt Traps

In one single instance, lending documents suggested that a client whom borrowed $500 would have only a finance cost of $150, for a complete re re payment of $650 — nevertheless the real finance cost had been $1,425. (mehr …)