Banks are Key to Stopping Payday Loan Abuse Consumer News Banks are Key to Stopping Payday Loan Abuse Feds asking banks to close down access to consumers’ accounts.
What you Should Know about Payday Lenders Consumer News What you Should Know about Payday Lenders Recent settlement shines light on the sometimes unscrupulous practices of payday lenders.
Payday, Advanced-Fee and Guaranteed-Approval Loans Consumer News Payday, Advanced-Fee and Guaranteed-Approval Loans You’ve seen the ads: “No credit? No Problem!” or “We’ll get you a loan regardless of your credit” or “You’ve been pre-qualified!” And our personal favorite: “We don’t care about…
Payday Lender Ordered to Pay over $1 Billion for Deceiving Customers Consumer News Payday Lender Ordered to Pay over $1 Billion for Deceiving Customers For the latest on this case, click here. A federal court judge has ordered AMG Capital and its chief operator, race car driver Scott Tucker, to pay more than $1…
Loans from CashCall, WesternSky, and Lakota Cash Class Action Loans from CashCall, WesternSky, and Lakota Cash A false advertising class-action lawsuit filed against several entities marketing loans on the internet – including CashCall, WesternSky, and Lakota Cash – was voluntarily dismissed When a complaint is dismissed…
Moneytree Ad Alert Moneytree Payday lender faces $550,000 in fines for allegedly hiding the true cost of its services.
Advance America Loans Class Action Advance America Loans February 2015: This action was voluntarily dismissed When a complaint is dismissed with prejudice, it cannot be refiled. because the parties reached a settlement agreement. The terms of the settlement…
365 Day Loan Ad Alert 365 Day Loan As seen in our spam inbox. Something seems off about the claim that 365 Day Loan can hook you up with “$2500 for any purpose.” It seems particularly off when…
Western Sky Financial Ad Alert Western Sky Financial New York State’s attorney general filed suit this week against Western Sky Financial, a payday lender claiming connections to American Indian tribes. According to the New York Times, the suit…
Platinum Funding Ad Alert Platinum Funding From the spam inbox: It’s easy to apply for a loan. It only takes a few minutes and your cash is deposited directly into your bank account. Something seems off…
Caprice Marketing Ad Alert Caprice Marketing At the request of the FTC, a U.S. District Court recently halted the operations and froze the assets of Caprice Marketing, a company that advertised payday loans but instead charged…
TINA’s Take: Supreme Court Considers Whether Liars Can Keep Money They Stole Blog TINA’s Take: Supreme Court Considers Whether Liars Can Keep Money They Stole TINA.org files brief in critical case concerning FTC authority.
Eastern Specialty Finance, Inc. Class Action Eastern Specialty Finance, Inc. In October 2013, a class-action lawsuit was filed against Eastern Specialty Finance, Inc. d/b/a Check ‘N Go for allegedly misleadingly marketing “payday loans” and “installment loans.” Among other things, plaintiffs…
Fraudsters Finding New Ways to Target Immigrants Consumer News Fraudsters Finding New Ways to Target Immigrants Consumer advocates warn of new scams.
Earnin App Class Action Earnin App Allegations: Misleadingly marketing that users can get immediate access to earnings “with no loans, fees, or hidden costs” when they are charged undisclosed fees
Ace Cash Express Class Action Ace Cash Express July 2015: A federal judge dismissed this case concluding, among other things, that the plaintiffs failed to meet the heightened pleading standard required for fraud-based claims. July 2013: A class-action…
MyCashCall: Fast Cash from a Text? Ad Alert MyCashCall: Fast Cash from a Text? MyCashCall.net is not a lender. The site collects your Data that can be used to identify you, like your name, address, birth date, or Social Security number and sends it…
Rent-A-Center’s Free Same-Day Delivery Ad Alert Rent-A-Center’s Free Same-Day Delivery In short, the company may not deliver on the promise.