High-cost lender Advance America will pay refunds to hundreds of California customers after a state regulator accused the firm of charging illegally high interest rates topping 100%. The action, announced Monday, comes a few months after the Department of Business Oversight took actions against...

BING NEWS:
  • A federal crackdown on payday lenders seems imminent
    Following a U.S. Supreme Court ruling this week that resolved a challenge to its authority, the Consumer Financial Protection Bureau plans to restart its aggressive crackdown against payday lenders ...
    05/17/2024 - 9:00 am | View Link
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