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SETTLEMENT REACHED!!!

Date: Tue, 05/22/2007 - 10:23

Submitted by KYSIDE38
on Tue, 05/22/2007 - 10:23

Posts: 2477 Credits: [Donate]

Total Replies: 13


In case any of you all are doubting the power of the Attorney General in your state here is one settlement that was reached this month. First American Cash Advance (Storefront) based out of South Dakota has agreed to forgive 616,000 dollars in defaulted loansfor 2700 consumers. Also 22,000 will be given in refunds to nearly 400 consumers in this state. I urge anyone who lives in states where payday lending is ILLEGAL PLEASE report to Attorney General Consumer Protection Division. KYSIDE38


I think the fight is going to go Nationwide also. People can not continue to pay these kinds of interest on these loans. I do know that Nevada is taking a personal interest in payday loans and are looking hard at the industry. We all have just got to band together and fight. KYSIDE38


lrhall41

Submitted by KYSIDE38 on Tue, 05/22/2007 - 10:32

( Posts: 2477 | Credits: )


wtg and I hope the other states follow up on this pdl crap too keep up the good work Kyside and all others. Iam hoping to hear from my attorney generals office soon....Thanks Tina


lrhall41

Submitted by lostlady468inpa on Thu, 05/24/2007 - 07:11

( Posts: 45 | Credits: )


Come on down KS, we would be glad to have you. Life is sorta slow paced here. A lot different than what you are used to I am sure. KYSIDE38


lrhall41

Submitted by KYSIDE38 on Fri, 05/25/2007 - 06:00

( Posts: 2477 | Credits: )