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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…

Quicken Loans

Ad Alert

Quicken Loans

Officials fine lender $250K for alleged misleading mailings to service members and veterans.

Simple Fast Loans

Class Action

Simple Fast Loans

Allegations: Offering loans with a 220% APR in California when loans with interest rates that exceed 42% APR are illegal in California

Moneytree

Ad Alert

Moneytree

Payday lender faces $550,000 in fines for allegedly hiding the true cost of its services.

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…

Sage Home Loans

Class Action

Sage Home Loans

Allegations: Misrepresenting that the company protects consumers’ personal information when it failed to do so and there was a data breach in December 2023

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…

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