Judge discovers Kansas payday loan provider liable for acting deceptively
(Reuters) – A U.S. judge has ruled a lending that is payday associated with A indigenous United states tribe is accountable for participating in misleading techniques and breaking federal legislation by failing woefully to reveal loan terms, a triumph when it comes to Federal Trade Commission.
U.S. District Judge Gloria Navarro in Las Vegas ruled on no jury could find that loan documents at issue in the case against Kansas-based AMG Services Inc were not likely to mislead borrowers wednesday.
She additionally granted the FTC a synopsis judgment from the other defendants in case, including Scott Tucker, a race car driver the agency contends settings AMG and other online payday lenders the FTC claims are associated with the organization. Read more →