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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.

The Federal Trade Commission is mailing checks to consumers who lost money to a scam that promised to help consumers get payday loans, then debited their bank accounts instead, in …

Jan 5, 2016 · Two payday lenders have settled Federal Trade Commission charges that they illegally charged consumers across the country undisclosed and inflated fees. The two …

Sep 17, 2014 · At the Federal Trade Commission’s request, a U.S. district court in Missouri has temporarily halted an online payday lending scheme that allegedly bilked consumers out of …

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 …

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 …

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 …

May 22, 2020 · The Federal Trade Commission has charged a payday lending enterprise with deceptively overcharging consumers millions of dollars and withdrawing money repeatedly …

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 …

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 ...