Herrera Sues Storefront ‘Payday Lenders’ for Prohibited Business Techniques, Deceptive Advertising

Illegal Lending Schemes by Check ‘n Go, cash Mart Target Low-Income Borrowers With Interest Exceeding 400 percentage APR

BAY AREA (April 26, 2007) — City Attorney Dennis Herrera today filed suit against storefront financing organizations always check ‘n get and cash Mart, along with their on line affiliates as well as an associated bank that is out-of-state for illegal, unjust and fraudulent company techniques stemming from their marketing of short-term installment loans at illegal rates of interest to low-income borrowers. 继续阅读Herrera Sues Storefront ‘Payday Lenders’ for Prohibited Business Techniques, Deceptive Advertising

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