Results for "loans"

Loans from CashCall, WesternSky, and Lakota Cash

July 26th, 2017

A false advertising class-action lawsuit filed against several entities marketing loans on the internet – including CashCall, WesternSky, and Lakota Cash – was voluntarily dismissed after a federal judge refused to preliminarily approve a proposed settlement agreement which would have resolved the claims. Among other things, the complaint, which was originally filed in 2013, alleged


Loans from PayPal Credit

July 26th, 2017

A class-action lawsuit was filed against PayPal Credit for, among other things, allegedly engaging in bait and switch tactics by offering consumers loans and deceptively hiding the final terms of the loans until after consumers accept the terms. The lawsuit was filed in state court in May 2017 and transferred to federal court in June


Quicken Loans

June 23rd, 2015

Officials fine lender $250K for alleged misleading mailings to service members and veterans.


Advance America Loans

October 11th, 2013

February 2015: This action was voluntarily dismissed because the parties reached a settlement agreement. The terms of the settlement have not been disclosed. September 2013: A class-action lawsuit against Advance America was filed for allegedly deceptively advertising its payday loans. Among other things, the complaint alleges that the company deceives consumers in promotional materials by


Be Careful of Quicky Loans

September 19th, 2012

GetHolidayFunds.com, USAQuickLoanAdvance.com, CreditLoansUSA.com, CashHolidayNow.com, and NationalPayDayDirect.com are all sites that claim to approve you for a loan in 30 seconds with no credit check. Beware of any lender that offers quick approval no matter what your credit rating is. You may end up paying an upfront fee or high interest rate.  For more information on


Payday, Advanced-Fee and Guaranteed-Approval Loans

December 22nd, 2011

You’ve seen the ads: “No credit?  No Problem!” or “We’ll get you a loan regardless of your credit” or  “You’ve been pre-qualified!”  And our personal favorite: “We don’t care about your past, we care about your future!” Advertised as guaranteed-approval these types of loans, which include advance fee loans, payday loans, cash advance loans, check


Reliant Funding

January 22nd, 2019

Direct mail comes deceptively packaged as an “account reminder.”


Student Loan Forgiveness Services from Equitable Acceptance Corp. and Others

December 4th, 2018

In August 2018, a class-action lawsuit was filed against Equitable Acceptance Corp., SLF Center, and Integra Student Solutions for allegedly operating a scheme to sell student loan relief services. Among other things, the complaint alleges that the companies: Falsely promise to provide student loan forgiveness services (i.e., ones that eliminate the total balance of student


SoFi

October 31st, 2018

FTC alleges lender made false statements about the student loan refinancing savings of its customers.


InventHelp

July 9th, 2018

A false advertising class-action lawsuit was filed against InventHelp for allegedly engaging in a deceptive and fraudulent invention promotion scam. Specifically, the plaintiffs claim that the company promises to provide inventors with tools to monetize their inventions and offers various services – including loans, research, patenting, marketing, manufacturing, and distribution – to inventors who pay


Ace Cash Express

April 27th, 2018

July 2015: A federal judge dismissed this case concluding, among other things, that the plaintiffs failed to meet the heightened pleading standard required for fraud-based claims. July 2013: A class-action lawsuit was filed in July 2013 against Ace Cash Express, Inc. (and amended in August 2014) for allegedly advertising its loans as a form of



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