California payday lender refunds $800,000 to settle predatory lending allegations
California payday lender refunds $800,000 to settle predatory lending allegations A California payday lender is refunding about $800,000 to customers to be in allegations so it steered borrowers into high-interest loans and involved in other unlawful methods, state officials stated Tuesday. California Check Cashing Stores additionally consented to spend $105,000 in charges along with other expenses in a permission purchase using the state’s Department of company Oversight, that has been cracking straight straight down on payday along with other high-cost customer loans that experts allege are predatory. The organization would not acknowledge shame within the permission purchase. The division, which oversees economic companies and items,Read More →