Firms accused of faking loans, draining bank accounts settle with feds | The Kansas City Star. Government Politics. Firms accused of faking loans, draining bank accounts settle with feds. By LINDSAY WISE. July 07, 2015 12:53 PM. A huge payday lending operation based in Kansas City will be banned from offering any more http://unitedcashloans com under a 54 million settlement announced by federal regulators Tuesday. The Federal Trade Commission accused 14 companies owned by two Johnson County men, Timothy A.
Coppinger http://unitedcashloans com Frampton T. Rowland III, of using online data to take out loans for people without their permission.
The process takes a few minutes. Fill out our secure online form and we send an encrypted copy to an authorized lender to approve. Once you submit your information, you will be redirected to the lender's website where you can review the terms of the loan, including details about all the applicable rates and fees. If you accept these terms, the lender will http://unitedcashloans com money directly into your bank account as quickly as the next business day.
Every inquiry received is handled with care and speed. Your Loan, Your Business.
The interest is 4 for each 100 borrowed http://unitedcashloans com two weeks. That works out to an APR of 140, roughly the same as for OppLoans.
Like OppLoans, Fig Loans requires proof of income, but no credit check. RISE. RISE offers loans of 500 to 5,000 to borrowers in 15 states with no credit check. However, if you only want a small loan, RISE isnt much cheaper than a payday lender. Its loans range from 36 to 365 APR, but small-dollar loans cost the most. The only real advantage is that you can pay off the loan on a http://unitedcashloans com you set, instead of in a lump sum.
This service is not available in all states. If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans. com does not have an available lender, you will not be connected to a lender.
In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune http://unitedcashloans com state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lenders rates and fees may be higher than state-licensed lenders.
Additionally, tribal lenders may cash loans florence ky you to agree to resolve any disputes http://unitedcashloans com a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to http://unitedcashloans com. The purpose of shorter duration loans is to provide the borrower temporary financial relief.