Agency Expands Its Case Against Payday Financial, LLC

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The Federal Trade Commission expanded its situation against a presumably deceptive payday loan provider, billing so it desired to unfairly and deceptively manipulate the appropriate system and force debt-burdened customers through the nation to go to Southern Dakota and appearance before a tribal court that didn't have jurisdiction over their situations.

The FTC charged that South Dakota-based payday lender Payday Financial, LLC’s suits against customers are unfair, and that its contract language about the court where such suits would be brought is deceptive in an amended complaint. The amended problem additionally seeks civil charges for alleged violations of this Commission’s Credit techniques Rule.