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 ...
Payday Lending | Federal Trade Commission
This video shows what happens when someone gets a payday loan but can't pay it back right away. The Federal Trade Commission deals with issues that touch ...
Ftc Settlement Against Payday Loans
The official website of the Federal Trade Commission, protecting America’s consumers for over 100 years.
*Update 3/22/18: Some consumers have reported a new scam targeting people who might be owed a refund from this Western Union settlement. The FTC says “people are getting official-looking emails about the Western Union settlement. The thing to know is that you cannot apply for a refund by email ...
FTC Defense Lawyer – Nationally Recognized. 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.
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 FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money. This list includes recent FTC cases that resulted in refunds.
With the August 19, 2019 compliance date for the CFPB’s small dollar lending rule drawing nearer, industry anxiety is growing as to the CFPB’s plans for delaying the compliance date and what changes will be proposed.
Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America’s consumer protection agency.
If an investigation is launched, or if the Federal Trade Commission or a state AG has initiated an enforcement action against your company, it is imperative that you contact an experienced FTC defense lawyer with a long-established practice of negotiating and litigating online and offline regulatory matters.
Emailed me stating I owed them money for a payday loan. They wanted me to send the payment via Western Union in the amount of $400 or I would be arrested.
Even the best bad credit loans come with higher than average interest rates. But with some research, you can find a fair loan from a reputable lender - even with bad credit.