The masterminds behind a massive payday loan scheme have agreed to be banned from the consumer lending industry to settle federal regulators’ charges they bilked millions of dollars from customers by trapping them into loans that were never authorized. [More]
Gettin’ Out Of the Game
Is Cash America Getting Out Of The Payday Loan Business? Not Exactly
Sometimes there’s no better feeling than the one you get when you return to your so-called roots. Maybe that’s what Cash America International is looking for now that the company is making plans to separate itself from payday lending and returning to its first moneymaker: pawnshops. [More]