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.

Nov 5, 2024 · “Whether the products are called cash advances, payday loans, or something else, the FTC will take action to protect consumers from unauthorized charges and deceptive claims.” Dave’s …

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 …

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

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 civil and …

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 ...

May 19, 2022 · The Federal Trade Commission, through its refund administrator, is mailing 690,000 checks totaling more than $152 million to consumers who lost money to a massive payday lending …

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 operated under the names …

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 deceptive …

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 information …