FTC wins $54M in payday loan settlements
Consumers recently affected by fraudulent payday loan schemes are about to get their money back. According to USA Today, the FTC won $54 million in ...
FTC refunds $505 million to payday loan AMG victims
The FTC sued AMG and Scott A. Tucker for deceptive payday lending. When consumers took out loans, AMG said they would charge a one-time finance fee.
Ftc Lawsuit Payday Loans
Yesterday, the court reversed course in the lawsuit filed by two industry trade groups challenging the CFPB’s final payday/auto title/high-rate installment loan rule (Payday Rule).
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are also sometimes referred to as "cash advances," though that term can also refer to cash provided against a prearranged line of credit such as ...
The Fair Credit Reporting Act (FCRA) requires each of the nationwide credit reporting companies — Equifax, Experian, and TransUnion — to provide you with a free copy of your credit report, at your request, once every 12 months.
FTC Defense Lawyer – Unparalleled Industry Knowledge. The Federal Trade Commission Act (FTC Act) (15 USC §45) is the primary consumer protection statute enforced by the agency. The FTC is empowered to prevent unfair or deceptive marketing practices, conduct investigations and seek relief for conduct injurious to consumers.
Advertiser Disclosure. News Does Western Union Owe You Money? Company Settles FTC Lawsuit for $586M. Friday, November 17, 2017. Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution.
Big Picture Loans (formerly known as CastlePayday Loans) is a direct lender specializing in installment loans, or personal loans. The company's goal is to help borrowers find an easily accessible short-term solution without worrying about hidden fees and regulations.
The Federal Trade Commission announced this week it is suing a consumer data broker that sold payday loan application data to scammers who used the information to pull money out of consumer bank ...
A website about payday loans, quick cash loans, credit, debt & stuff.
Scott Tucker, professional race car driver and payday lender, and his attorney Tim Muir were convicted in New York of 14 criminal charges associated with their illegal payday lending operation.
Fair Debt Collection Practices Act As amended by Public Law 111-203, title X, 124 Stat. 2092 (2010) As a public service, the staff of the Federal Trade Commission (FTC) has prepared the following complete text of the Fair Debt Collection Practices Act