Payday financing case: Oregon Cease and Desist
CIRCLE OF INACTION
But Brown ended up being giving out money that a few states keep he obtained illegally. A Dec. 18, 2011, Times complimentary Press research discovered that their Chattanooga-based payday financing syndicate was raking in $500 million each year in ultrahigh-interest-rate loans in Tennessee minus the needed state permit.
A issue by Chattanooga’s bbb went nowhere, even with Jim Winsett, its president and CEO, had been told that state agencies together with lawyer general’s office were investigating the violations that are alleged. Continue reading “Payday financing case: Oregon Cease and Desist”
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