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Arkansas Settles Suit Against Online Payday Lenders

By Andrew Westney (June 27, 2016, 4:58 PM EDT) -- Payday lender Western Sky Financial LLC, loan servicer CashCall Inc. and others have agreed to pay $750,000 to resolve allegations they conspired to offer illegal online loans to Arkansas consumers while claiming to be shielded by tribal sovereign immunity, the state's attorney general said Friday....

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