Collection Recon

Payday Loan Defendant Settles FTC Charges

Posted on 07. Sep, 2010 by Collections Recon.

Washington, D.C. – infoZine – 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.

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