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Moneytree Agrees to pay for $500,000 to stay Alleged Payday Loan Violations

Moneytree Agrees to pay for $500,000 to stay Alleged Payday Loan Violations

Moneytree, a loan provider this is certainly payday check cashing solution that operates in several states, has made a decision to spend a penalty, to help with making restitution to its customers, and to stop playing strategies that federal regulators known as illegal. The client Financial Protection Bureau (CFPB) stated that Moneytree’s on the internet ads had been misleading and as a consequence it delivered borrowers collection letters containing deceptive threats. Read More