вЂњWe get much more complaints in cash advance cases,вЂќ Helen Wong for the FTCвЂ™s Bureau of Consumer Protection told The Enquirer. She stated the settlements announced 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 situation.вЂќ
Cook, regarding the Ohio Poverty Center, stated that although the settlement most likely wonвЂ™t modification much into 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 public understanding.
IвЂ™m always very happy to see a predatory lender called to task on abusive methods,вЂќ she stated.
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