W. VA case against online lenders settled
July 22, 2010 | Financial Reform Bill - CFPB, industry | Comments (0)From the story:
Companies offering illegal Internet payday loans through at least five websites will refund more than $305,000 under a settlement the West Virginia attorney general’s office.
Attorney General Darrell McGraw announced the deal with FFD Companies on Wednesday. FFD will also stop marketing, making or collecting on payday loans in West Virginia.
The settlement benefits 576 people.
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