Payday lender turned racecar rookie, Scott Tucker Level 5 Motorsports/Flickr
Automobile racer profiled in Center research accused of misleading financing techniques
The Federal Trade Commission today used an incident that had thwarted state authorities for decades, accusing an online payday loan provider with ties to Indian tribes of illegally borrowers that are deceiving.
Financial Obligation Deception?
In some trouble from an on-line cash advance? You might not need to settle it
The agency is asking a federal judge in Nevada to purchase AMG Services of Overland Park., Kan., to end the misleading techniques and pay off borrowers whom its claims got cheated.
вЂњThe defendants have actually deceived customers in regards to the price of their loans and charged more they would, said Malini Mithal, the FTCвЂ™s assistant director of financial practices than they said.