Payday Loan Defendant Settles FTC Charges; Illegally Tried to Garnish Borrowers’ Wages

One of the owners of a payday loan and debt collection operation has agreed to settle Federal Trade Commission charges for his role in a scheme that illegally tried to garnish borrowers’ wages and used other illegal debt-collection practices. According to the FTC’s complaint, the defendants, doing business as Ecash and GeteCash, offered loans to … Read more

FTC Charges Payday Lender in Scheme to Collect Debts With Wage Garnishment

The Federal Trade Commission has charged a payday loan operation with illegally trying to garnish borrowers’ wages and using other illegal debt-collection practices. The FTC seeks to stop these practices and require the operators to surrender improperly collected money so it can be used for consumer refunds. According to the FTC’s complaint, the operators do … Read more