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Home / AR: AG Reaches $1 Million Settlement With Payday LendersAR: AG Reaches $1 Million Settlement With Payday Lenders
Last Updated on Tuesday, 11 December 2007 02:14 Written by rslcpol Tuesday, 11 December 2007 12:13
So that’s $800,000 to the victims, and $200,000 to Dustin McDaniel’s marketing fund for his office.
LITTLE ROCK — The state has settled lawsuits against nine businesses and individuals accused of offering illegal payday loans disguised as instant cash rebates for Internet service, Attorney General Dustin McDaniel announced Monday.Under the $1 million settlement, Arkansas customers will receive $800,000 in restitution and the remaining $200,000 will go to the consumer education enforcement fund in the attorney general’s office, McDaniel said.
This entry was posted on Tuesday, December 11th, 2007 at 12:13 pm and is filed under Attorney General News.
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