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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.

Payday loan refund scams?

The Federal Trade Commission and Department of Justice started refunding victims in a payday loan scam, but could the checks you`re getting be scams too?

Ftc Payday Loans Refund

Ftc Payday Loans Refund

News:

AMG Services Refunds | Federal Trade Commission

The Federal Trade Commission, working jointly with the Department of Justice, is mailing 1,179,803 refund checks totaling more than $505 million to people who were deceived by AMG Services, Inc. and Scott A. Tucker, who operated a massive payday lending scheme.

FTC, DOJ Mailing Refund For Payday Lending Scam | PYMNTS.com

The FTC and DOJ are jointly using the funds to provide refunds for consumers who took out loans before January 2013 from several loan portfolios serviced by AMG Services: 500FastCash, Advantage ...

$505 million in refunds sent to payday loan customers ...

The $505 million the FTC is returning to consumers makes this the largest refund program the agency has ever administered. 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.

$505 Million in Refunds Sent to Payday Loan Customers From ...

The $505 million the FTC is returning to consumers makes this the largest refund program the agency has ever administered. The FTC sued AMG and Scott A. Tucker for deceptive payday lending.

Over 1.1 Million Refund Checks Mailed to Payday Loan ...

If you took out an online payday loan from a company affiliated with AMG Services between January 2008 and January 2013, you may be getting a check in the mail from the Federal Trade Commission (FTC).

Federal Trade Commission: $505 Million in Refunds Sent to ...

The $505 million the FTC is returning to consumers makes this the largest refund program the agency has ever administered. 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.

$506M in refund checks going to 1.1M victims of predatory ...

More than 1.1 million people duped into paying excessive fees and interest in a massive nationwide payday loan scheme will receive close to $506 million worth of refund checks, federal officials said.

Payday loan victims bilked by former racecar driver to ...

More than a million victims of an online payday lender called AMG Services will get refunds totaling $505 million, the Federal Trade Commission said Thursday, the largest litigated settlement in ...

FTC Refunds Consumers $596,000 for Phantom Payday Loan ...

FTC Refunds Consumers $596,000 for Phantom Payday Loan Scheme April 13, 2016, Written By Lynn Oldshue The Federal Trade Commission is sending out over 1,700 checks totaling $596,000 to consumers who were victims of a phantom payday loan scheme last year.

Consumers getting refunds from record fraud judgment

The FTC says it has the companies' business records and will use them to identify consumers eligible for a refund and will send the check. The FTC never requires consumers to pay money or provide ...