Attorney General McGraw Sues 17 More Internet Payday Lenders
Date: Mon, 09/10/2007 - 09:04
Cash Advance Network, Inc. of Carson City, Nevada;
Cash Advance USA of Miami, Florida;
Cash Advance Marketing, Inc. d/b/a Cash Back Values of Carson City, Nevada;
Cash Net of Salt Lake City, Utah;
Leads Global d/b/a Cash Today Limited, and Cash2day4you.com of Reno, Nevada
GECC d/b/a Cashdirectnow.com of Rapid City, South Dakota;
Americash Hotline, LLC d/b/a Direct Cash Express, LLC of Wilmington, Delaware;
Ambassador Financial Services d/b/a Nationwide Cash of Espanola, Minnesota;
Quik Payday.com Financial Solutions of Logan, Utah; and
USA Cash Center of Rapid City, South Dakota
McGraw also announced today that his office has sued 17 more Internet payday lenders that failed to comply with his investigative subpoenas. These companies include the following:
AeroAdvance Financial, Inc. of San Jose, California;
Cash Supply of Espanola, New Mexico;
Eastside Lenders.com of West Orange, New Jersey;
FTR Processing of Shawnee Mission, Kansas;
Geneva-Roth Lenders.com of Kansas City, Missouri;
Interim Cash.com of New York, New York;
Miami Nation Enterprises d/b/a ameriloan, d/b/a Cash Advance, d/b/a US Fast
Cash, d/b/a United Cash Loan of Miami, Oklahoma and Carson City, Nevada;
MTE Financial Services d/b/a 500 Fast Cash, d/b/a NoFaxingPaydayLoan.com, d/b/a
PayCheckToday.com, d/b/a QuickestPaydayLoan.com, d/b/a Rio Resources,
d/b/a XtraCash.com of Miami, Oklahoma and Albuquerque, New Mexico;
my cash now of West Vancouver, British Columbia and Chattanooga, Tennessee;
Payday Max.com of West Vancouver, British Columbia;
Payday Services.com of Columbus, Tennessee;
Payday Yes.com of Wilmington, Delaware;
Preferred Cash of Carson City, Nevada;
Route 66 Funding of Albany, New York;
Selling Source d/b/a Preferred Cash Loans.com of Las Vegas, Nevada;
SFS, Inc. d/b/a One Click Cash Niobrara, Nebraska and Carson City, Nevada; and
Web Payday of Salt Lake City, Utah.
Here's the press release for it: http://www.wvago.gov/press
Here's the press release for it:
http://www.wvago.gov/press.cfm?ID=397&fx=more
You beat me again Goudah! I just was going to paste the link whe
You beat me again Goudah! I just was going to paste the link when I saw your post.
So, what does it mean exactly? I see 3 names that I have loans
So, what does it mean exactly? I see 3 names that I have loans with, but I am not in West Virginia? Does it apply to everyone with a loan through them, or just residents of WV? Some clarification would be awesome.
Wow..why am I not suprised thay are not willing to comply with t
Wow..why am I not suprised thay are not willing to comply with the law...maybe this will spark a fire under other states. Thank you for posting this.
It means that they will be sued in West Viginia and probably ord
It means that they will be sued in West Viginia and probably ordered to stop lending there and also possibly pay fines and restitution there. It would only make everyones life in other states a little easier by reduction of their arrogance by being taken down a notch.
Right, this would only apply to WV residents . . . .
Right, this would only apply to WV residents . . . .
I hope so Roxy. Some states seem to take a hands off approach to
I hope so Roxy. Some states seem to take a hands off approach to them!
WV has been after these places for a while . . . . .
WV has been after these places for a while . . . . .
I hope this sends a strong message to the other states!
I hope this sends a strong message to the other states!
I love the fact that "ROUTE 66" is one there :lol:
I love the fact that "ROUTE 66" is one there :lol:
I love that MTE is in there and two others I have. I may print
I love that MTE is in there and two others I have. I may print a copy of the press release and attach a letter and send it to the KY AG...Maybe he will get the hint.
Oh man! I wish I live in WV. They are sueing all of my old pdls!
Oh man! I wish I live in WV. They are sueing all of my old pdls! I'm happy for the residents of WV, though. It's about time those companies have consequences for their actions.
I wish they would do something like that in Indiana :P
I wish they would do something like that in Indiana :P
This is good! I know for sure there are 2 of mine on there, UCL
This is good! I know for sure there are 2 of mine on there, UCLs and Route66. It would be great if all the states did this! I would so love to see these people put out of business.
I had a couple on the list. Too bad it is not FLorida.
I had a couple on the list. Too bad it is not FLorida.
I have a couple on that list too...I think I will find and print
I have a couple on that list too...I think I will find and print all these notices of how some strong AG's are dealing with internet lending and seend them off to my AG's office as an example.
I did that a little earlier and typed a letter to go with it. I
I did that a little earlier and typed a letter to go with it. I always think you don't know until you try....
I am doing that as well. I sent a copy of the Cease and Desist f
I am doing that as well. I sent a copy of the Cease and Desist for One CLick Cash and I will fax a copy of this one as well. ALL the ones that I am fighting with are on this list! All the Investigators have to do is come here....you guys are doing all the work for them as far as research!
so what does this mean does this mean if your state is agaisnt
so what does this mean does this mean if your state is agaisnt them u should stop paying them
It does depend on your state law and what it allows. Some states
It does depend on your state law and what it allows. Some states allow them if they are licensed in the state, some states say they must be licensed somewhere (any state), some states are taking a hard stance and trying to limit the apr...or out law them all together. You have to follow your state law.
I am happy for the people in WV! Now if they can only get the o
I am happy for the people in WV! Now if they can only get the other states involved.
