Herrera’s lender that is payday case $7.7 million for borrowers — at zero cost to taxpayers
Check always Go and cash Mart litigation settlement secures direct restitution to overcharged customers, employed innovative social networking outreach strategies
SAN FRANCISCO BAY AREA (August 5, 2013) — City Attorney Dennis Herrera today announced that a lot more than 2,000 claimants for restitution from storefront payday loan provider Check Go will start getting reimbursement checks this week due to his office’s consumer protection litigation settlement and statewide outreach system. All Check Go claimants are required to get their reimbursement checks — totaling almost $2.2 million — by the finish associated with the thirty days, based on the separate settlement administrator. The re re payments to test get borrowers conclude an important customer security effort by Herrera’s office that previously netted significantly more than $5.5 million in similar refunds from payday lender cash Mart/Loan Mart for a few 8,100 claimants statewide. Read more →