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DBO techniques to Void Loans and Revoke Licenses of Auto Title Lender Fast Money Loan

Суббота, 05 Дек 2020

DBO techniques to Void Loans and Revoke Licenses of Auto Title Lender Fast Money Loan

SACRAMENTO – The California Department of company Oversight (DBO) today filed an action (PDF) to void loans and revoke the licenses of Fast Money Loan, a prominent Southern California automobile name lender, for numerous and consistent violations of this lending that is state’s.

The longer lender that is beach-based charged customers more interest and costs than allowed by legislation, neglected to consider borrowers’ capacity to repay as needed, freely used its unlawful not enough underwriting as an advertising device, engaged in false and deceptive advertising, operated away from unlicensed places, and did not keep needed documents that will report its unlawful task, the DBO’s accusation alleges. (далее…)