Putting an end to illegal lending

(scurzuzu)

Regulators Sue To Shut Down Illegal Offshore Payday Loan Network

While most of us think of payday lenders as small-time storefront operations, there is also a complicated web of interconnected payday businesses operating outside the U.S. borders, but illegally issuing costly short-term loans to American borrowers. A newly filed lawsuit hopes to put an end to one such network. [More]