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FTC slaps cash advance loan providers for wasting 49 million bucks of customers

FTC slaps cash advance loan providers for wasting 49 million bucks of customers

The next time, you want to borrow a term that is short from pay day loan loan providers, reconsider that thought. In accordance with the customer watchdog Federal Trade Commission, a couple of cash advance loan providers scammed customers and scammed $49 million bucks through unauthorized deals. The U.S region in Missouri has temporarily halted the business enterprise of the loan providers and frozen their assets for doing business that is shady a few times. [Read more…]

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