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911 Questions | FTC Charges Payday Lending Scheme with Piling Inflated Fees on Borrowers and Making illegal Threats whenever Collecting
Questioning the evidence from September 11, 2001.Dissent is the highest form of patriotism - Thomas Jefferson.

Posted On March 17, 2021 In Investigation With 133 Views

FTC Charges Payday Lending Scheme with Piling Inflated Fees on Borrowers and Making illegal Threats whenever Collecting

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FTC Charges Payday Lending Scheme with Piling Inflated Fees on Borrowers and Making illegal Threats whenever Collecting

Defendants Charged Numerous Customers More than 3 Times the Amount Borrowed

WASHINGTON , April 2, 2012 /PRNewswire-USNewswire/ — The Federal Trade Commission has brought action against a payday financing procedure that allegedly piled on undisclosed and inflated charges, and gathered on loans illegally by threatening borrowers with arrest and legal actions. (more…)

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