Tag Archive: payday loans

Jul 19 2015

Congress Urges Stronger Actions Against Payday Loan Vendors

The Federal Trade Commission (FTC) will provide $32 million in relief to consumers who were caught in a maze of charges and fees designed to trap them in payday loans they never authorized. The enforcement action announced July 7, affects two lenders based in Kansas City, Mo. who operated as many as 16 different businesses …

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