вЂњWe get much more complaints in cash advance cases,вЂќ Helen Wong regarding the FTCвЂ™s Bureau of customer Protection told The Enquirer. She stated the settlements established came about because вЂњthe advertisements were just so deceptive, with billboards in both Spanish and English friday . that implied you have access to that loan for free anytime that just wasnвЂ™t the instance.вЂќ
Cook, of this Ohio Poverty Center, stated that although the settlement most likely wonвЂ™t modification much when you look at the TriState area straight, she credits the FTC for stepping in with respect to customers and hopes that the action at the very least raises awareness that is public.
IвЂ™m always very happy to see a predatory lender called to task on abusive practices,вЂќ she said.
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