DBO Payment with Advance America Subsidiary Continues Crackdown on Interest Cap Avoidance

DBO Payment with Advance America Subsidiary Continues Crackdown on Interest Cap Avoidance $160,000 Contract Provides Borrower Refunds, Charges SACRAMENTO – The Department of company Oversight (DBO) today finalized a settlement with Advance America’s Ca subsidiary that continues a wider DBO crackdown on loan provider avoidance of great interest price restrictions on small-dollar customer loans. “California…
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