Payday Lending - Federal Trade Commission
Jan 24, 2024 · Many consumers who need cash quickly turn to payday loans – short-term, high interest loans that are generally due on the consumer’s next payday after the loan is taken out.
FTC Acts to Ban Payday Lender From Industry, Forgive Illegal Debt
Feb 11, 2021 · The owners and operators of a vast payday lending scheme that overcharged consumers millions of dollars will be permanently banned from the lending industry under the ...
AMG Services Refunds - Federal Trade Commission
The FTC and the Department of Justice (DOJ) are mailing a second round of checks to more than 690,000 people who were overcharged for online payday loans. The FTC and DOJ brought …
FTC Actions Against Companies Making Deceptive Pandemic Loan …
Mar 18, 2024 · The Federal Trade Commission is taking action against two companies – Biz2Credit and Womply – that made false promises to small businesses seeking to take part in …
Federal Trade Commission Returns More Than $970,000 To …
Jun 14, 2022 · The Federal Trade Commission is sending 26,698 checks totaling more than $970,000 to consumers who were harmed by a deceptive payday lending scheme that …
Payday Lenders That Used Tribal Affiliation to Illegally Garnish …
Apr 11, 2014 · A South Dakota-based payday lending operation and its owner will pay $967,740 to the U.S. Treasury as part of a settlement resolving FTC charges that they used unfair and …
FTC Halts Deceptive Payday Lender That Took Millions From …
May 22, 2020 · The Federal Trade Commission has charged a payday lending enterprise with deceptively overcharging consumers millions of dollars and withdrawing money repeatedly …
payday lending | Federal Trade Commission
Jan 24, 2024 · The owners of a debt relief operation that targeted consumers with outstanding payday loans will be banned from the debt relief business under settlements with the Federal …
Federal Trade Commission Sends out Second Round of Redress …
May 19, 2022 · The Federal Trade Commission, through its refund administrator, is mailing 690,000 checks totaling more than $152 million to consumers who lost money to a massive …
FTC Action Stops Massive Payday Loan Fraud Scheme
Jul 7, 2015 · To learn more, read Online Payday Loans. The Federal Trade Commission works for consumers to prevent fraudulent, deceptive, and unfair business practices and to provide …