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Pay day loans: credit choice or financial obligation trap? Representative Mary Nevertheless, a Democrat from Columbia, has introduced a bill to cap pay day loans every 12 months since she ended up being elected into the General Assembly. “a ton of cash is siphoned away from Missouri to out-of-state businesses that possess the payday lenders. …
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FTC Wins Record Judgment Against Payday Lender Notorious For Hiding Behind Tribal Immunity FTC Wins Record Judgment Against Payday Lender Notorious For Hiding Behind Tribal Immunity On September 30, a federal court in Nevada ordered payday lending mogul Scott Tucker and their affiliated organizations to cover $1.3 Billion to your FTC for deceiving consumers in …
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