Payday Lenders Slapped With More Than $1.2 Million in Fines After DFI Investigation

Payday Lenders Slapped With More Than $1.2 Million in Fines After DFI Investigation

Olympia, WA – In hawaii’s biggest payday lending enforcement action, the Department of finance institutions (DFI) filed fees against payday loan providers, Advance Til Payday and Zippy money. The payday lenders made over 400 loans in excess of the state’s $700 maximum loan limit among the numerous allegations of misconduct. DFI intends to revoke both ongoing businesses’ licenses, ban the folks from conducting business in Washington State, enforce fines, purchase restitution, and cost for the expense of the investigations. Continuar lendo Payday Lenders Slapped With More Than $1.2 Million in Fines After DFI Investigation