Category Archives: Alaska payday loans

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Most readily useful pay day loans online. Money loans that are quick

Category:Alaska payday loans

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Category:Alaska payday loans

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Operators of Cash Cow are faced with illegally milking clients by recharging interest that is huge on loans.

Category:Alaska payday loans

Operators of Cash Cow are faced with illegally milking clients by recharging interest that is huge on loans.

The quickly growing ”payday” lending industry, which charges customers interest levels of 500 per cent or higher for short-term loans, faced its very very first major crackdown in Florida on Thursday.

Their state charged Jeffrey C. Swank, owner of this money Cow string, and four associates with racketeering, usury and other crimes, and seized $565,743 from business and individual bank records.

The company that is tallahassee which includes 15 shops in North and Central Florida, is certainly one of a large number of check-cashing chains which have sprung up all around the state to create one- or two-week pay day loans at huge rates of interest.

The state says Cash Cow defrauded car owners who used their car titles as collateral to borrow money in addition to charging usurious rates for payday loans.

Statewide Prosecutor Melanie Ann Hines filed the fees in Leon County Circuit Court against Swank, 36; Paul J.

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