Debt Consolidation Forums Payday Loan help forums

Maryland Settlement with Western Sky

member profile picture
Posts: 1433
Credits: 16882.05
[Donate]

Woo Hoo!! Maryland has reached agreement with Western Sky Financial, CashCall, Inc. and others regarding loans made to 1,200 Marylanders. Maryland residents who have been victimized are eliIgible to receive restitution of more than $1.7 million based upon prior payments. Those eligible will be contacted within 90 days of the effective date of settlement. Remaining balances on any loans by Western Sky, Great Sky, Payday Financial Red Stone, Red River Management Systems, Webb or any other entity owned or operated by Webb, directly or indirectly, to a Maryland borrower are cancelled and all parties are prohibited from selling, assigning or collecting on any loans going forward made. More than $275,000 in remaining loan balances will be forgiven. The respondents will pay a fine of $80,200 to the Commissioner and pay specific restitution of approximately $20,000 to the 20 identified borrowers who previously filed complaints related to this case with the Commissioner. WAY TO GO!!!




Yaay. Way to go

Sub: #1 posted on Tue, 06/24/2014 - 17:42

Unregistered


Attachment
More information
  • Files must be less than 1.25 GB.
  • Allowed file types: txt pdf jpg jpeg png.
Post as a guest
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Post as a member

Share post

Page loaded in 0.716 seconds.