The Federal Trade Commission and the State of Nevada have charged 10 related Internet payday lenders and their principals, based mainly in the United Kingdom, with violating federal and state law by not disclosing key loan terms to U.S. consumers and using abusive and deceptive collection tactics. Internet Payday Lenders: FTC Charges Internet Payday Lenders for Abusive and Deceptive Collection Tactics
Wednesday, November 12, 2008
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