Category Archives: Arkansas Payday Loan Near Me

State bars internet lender, wins $11.7M settlement over ‘rent-a-tribe’ loans

The organization, situated in Ca, had been additionally banned from further company within the state, Attorney General Lori Swanson stated Thursday.

“The business involved with an elaborate scheme to gather re re payments far greater than permitted by state law,” Swanson said in announcing the settlement.”

The company has made comparable settlements in other states.

The settlement is one of the biggest relating to the payday that is controversial industry in Minnesota. Continue reading