AG brings lawsuit against Fast Cash, California
Saturday, August 5th, 2006Allegations against Fast Cash:
- Charged extremely high amounts from consumers.
- Tried to impose settlement and pressurized them for money.
- Misled court and won a judgment against consumers.
The last one is interesting: Fast Cash brought check fraud charge against default consumers, but did not disclose to court that all these checks were against payday loan. Post-dated checks are not covered by check fraud law, yet court issued order against the consumers because they did not show up in the court. But later Attorney General has taken step against Fast Cash. It is expected that law will reign.
Source: All American Patriots