Storefront Lender Accused Of Pushing Customers Into Taking Out Big Loans Without Interest Rate Caps

James Rufus Koren, Los Angeles Times: Business
Mon, 09/17/2018 - 2:50pm

California regulators want to seize Cash America Advance’s license, alleging the storefront lender duped customers into taking out installment loans with triple-digit interest rates. The California Department of Business Oversight, in a legal accusation filed late last month, said Cash America...

Topics: california department business oversight cash america customers loans storefront lender interest rate

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Storefront Lender Accused Of Pushing Customers Into Taking Out Big Loans Without Interest Rate Caps

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