Montel Williams-Endorsed MoneyMutual To Pay $2.1M Penalty

Montel Williams-Endorsed MoneyMutual To Pay $2.1M Penalty

For years, TV personality Montel Williams has been the daytime TV face of payday loan lead generation service MoneyMutual, even as it faced investigations from federal and state agencies. Just a few days ago, Montel got into a Twitter spat with a woman who questioned why he was acting as a spokesperson the company, and showed that maybe he needed a refresher course on annual percentage rates. But as part of a deal with regulators in New York state, Montel will no longer market payday loans in the state and MoneyMutual will pay a $2.1 million penalty to settle allegations that it illegally marketed payday loans to New York residents. [More]

Montel Williams Defends Hawking Payday Loan Generator Money Mutual

Montel Williams Defends Hawking Payday Loan Generator Money Mutual

By now we know that celebrities (and pseudo-celebrities) often lend their names to products that may or may not have devastating effects on consumers. Of course, hawking a product for a paycheck doesn’t automatically make the spokesperson in question an expert on the product or the consequences of using it.  [More]

Feds Investigating That MoneyMutual Company With The Montel Williams Ads

Feds Investigating That MoneyMutual Company With The Montel Williams Ads

If you’ve caught any daytime or late-night TV in the last few years, you’ve probably noticed talk show host Montel Williams shilling for a service called MoneyMutual that connects needy borrowers with Payday lenders. Newly released documents show that the company’s lead-generation process is under investigation by the federal Consumer Financial Protection Bureau. [More]

Explosions: Whatever You Do, Don't Ask Montel Williams About Big Pharma

Explosions: Whatever You Do, Don't Ask Montel Williams About Big Pharma

Montel Williams is a paid spokesperson for the pharmaceutical industry, but if you’re a high school intern for Savannah Morning News, you probably shouldn’t ask him any tough questions.