April 11, 2014
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.
September 12, 2011
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.