Payday Lender to Refund Up to $7.5M for Alleged prohibited Lending techniques

Payday Lender to Refund Up to $7.5M for Alleged prohibited Lending techniques

Payday advances made at Money Mart or Loan Mart areas had been purported to have interest levels as high as 400 per cent

In the event that you borrowed funds from payday lenders Money Mart or Loan Mart between 2005 and 2007 – possibly paying rates of interest as high as 400 % – you are entitled to obtain much of your cash back.

Due to the settlement of a customer security lawsuit filed because of the town of san francisco bay area, Ca victims of alleged unlawful financing methods because of the loan provider meet the criteria for between $20 and $1,800 in restitution. Read more