вЂњWe get much more complaints in cash advance cases,вЂќ Helen Wong of the FTCвЂ™s Bureau of customer Protection told The Enquirer. She stated the settlements established 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, for the Ohio Poverty Center, said that although the settlement most likely wonвЂ™t modification much within the TriState area directly, she credits the FTC for stepping in on the part of customers and hopes that the action at the least raises general public understanding.
IвЂ™m always very happy to notice a predatory lender called to task on abusive methods,вЂќ she stated.
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