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FTC Halts Deceptive Payday Lender That Took Millions From Consumers’ Accounts Without Authorization

FTC Halts Deceptive Payday Lender That Took Millions From Consumers’ Accounts Without Authorization Defendants received duplicated interest-only costs, leaving consumers to pay for a lot more than guaranteed The Federal Trade Commission has charged a lending that is payday with deceptively overcharging customers huge amount of money and withdrawing money over over repeatedly from consumers’ bank reports without their authorization. A court that is federal entered a short-term restraining purchase halting the procedure and freezing the defendants’ assets, in the FTC’s [...]