Federal Trade Commission v. Payday Financial, LLC et al

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Case overview

Case Number:

3:11-cv-03017

Court:

South Dakota

Nature of Suit:

Other Statutory Actions

Judge:

Roberto A. Lange

Firms

Companies

Government Agencies

Sectors & Industries:

  1. 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.

  2. 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.

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