BofA Settles, Pays Overdraft Victims $35 Million
Bank of America pushed customers to overdraft
You knew banks had you over a barrel with overdraft fees. Now it is time to rejoice. A giant will have to pay for their misdeeds.
A recent class action heard in California Superior Court based on “allegations of misconduct relating in part to its [...]
Payday Loan Company Loses $2.5 Million in Settlement
Fast Cash Loans forced to give up $2.5 million
When you go to a payday loan company and take out a loan, it is expected that you will repay that loan within the agreed time period. Typically, this period is two weeks. If you do not repay within the allotted time [...]
Online Payday Loan Company Reaches Settlement
Payday lender settles suit
An online payday loan company must pay all of its Wisconsin customers $329 and forgive all of their loans after a class-action lawsuit was settled out of court. Tremont Financial LLC denies any wrongdoing.
The company also is prohibited from issuing any further loans in the state of [...]
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