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Federal Trade Commission v. Payday Financial, LLC et al
Case Number:
3:11-cv-03017
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April 11, 2014
FTC Wins $1M Deal In Tribal Payday Lending Crackdown
The Federal Trade Commission on Friday announced that it had reached a nearly $1 million settlement with a Native American-owned online payday lender that it says bullied borrowers, marking the latest action in federal and state regulators' crackdown on tribal lenders.
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September 12, 2011
FTC Targets Payday Lender Over Wage Garnishing
The Federal Trade Commission said Monday that it had hit Payday Financial LLC with a lawsuit claiming the South Dakota-based lender bullied borrowers into paying back their debts by trying to garnish their wages without a court order.