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CFPB, FTC Simply take Separate Procedures Up against A few Illegal On the internet Payday “Cash-Grab”Strategies Past the new CFPB and you may FTC announced separate steps facing two on the web payday lenders powering essentially the exact same alleged con. Each other “lenders” gathered intricate consumer guidance of prospecting websites otherwise analysis brokers, and […]
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The conclusion for “Rent-A-Tribe” Payday Lending Schemes? This thirty days, Scott Tucker, a payday lender who utilized their proceeds to invest in a LeMans racing group, was sentenced to 16 years in jail on federal racketeering and other costs. Last fall, their previous company partner Charles Hallinan, referred to as Philadelphia Main Line “godfather” of […]