TribLIVE’s Daily and Weekly email newsletters deliver the news headlines you would like and information you want, directly to your inbox.
WASHINGTON — A California payday loan provider is refunding about $800,000 to customers to be in allegations so it steered borrowers into high-interest loans and involved with other unlawful methods, state officials stated Monday.
California Check Cashing Stores additionally consented to spend $105,000 in charges along with other expenses in a permission purchase with all the state’s Department of company Oversight, which was cracking straight down on payday along with other high-cost customer loans that experts allege are predatory. Continuă lectura „Calif. payday lender refunds $800K to stay predatory lending allegations”