California Check Cashing Stores agrees to $900K Settlement over Interest Rate Cap Avoidance

The California Department of Business Oversight (DBO) found that California Check Cashing Stores (CCCS) willfully misled and deceived borrowers to evade the California Financing Law (CFL) interest rate cap. This settlement requires that CCCS pays $105,000 in costs and penalties and refunds approximately $800,000 for consumer loans and payday loan transactions. Consumers who believe they may qualify for

SAVE THE DATE! Financial Education Workshop in Sacramento

Financial Education Workshop Speaker: Anita R. Johnson, Financial Psychologist Join Us! PAYDAY LOANS – AVOID THE DEBT TRAP! March 14, 2018 Robertson Community Center 3525 Norwood Ave. Sacramento, CA 95838 6:00pm – 8:00pm National Consumer Protection Week (NCPW) is a time to help people understand their consumer rights and make well-informed decisions about money, credit,