California payday lender refunds $800,000 to be in predatory lending allegations

California payday lender refunds $800,000 to be in predatory lending allegations A California payday loan provider is refunding about $800,000 to customers to stay allegations so it steered borrowers into high-interest loans and involved with other unlawful methods, state officials stated Tuesday. California Check Cashing Stores additionally consented to spend $105,000 in charges as well as other expenses in a permission purchase because of the state’s Department of Business Oversight, which was cracking straight down on payday along with other high-cost customer loans that experts allege are predatory. The organization…

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