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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…

Moneytree

Ad Alert

Moneytree

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

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…

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…

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…

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…

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…

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…

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

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…