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California payday lender refunds $800,000 to stay allegations that are predatory lending

California payday lender refunds $800,000 to stay allegations that are predatory lending A California payday lender is refunding about $800,000 to customers to stay allegations it steered borrowers into high-interest loans and involved with other unlawful techniques, state officials stated Tuesday. California Check Cashing Stores additionally consented to spend $105,000 in charges as well as […]

Alabama’s Payday Loan Law. Laws Against Payday Loan Collection

Alabama’s Payday Loan Law. Laws Against Payday Loan Collection Alabama legislation defines pay day loans as deferred presentment deals. The financial institution accepts a individual check from the borrower, and as a result provides the debtor cash ahead of time. State legislation regulates the terms under which payday advances could be negotiated.The Alabama State Banking […]