February 26 2026

Victory for the FTC and Scammed Payday Loan Applicants

Victory for the FTC and Scammed Payday Loan Applicants

A group of online payday loan applicants who lost millions of dollars to scammers who enrolled them in undisclosed and unwanted programs are receiving restitution. As a result of a federal court ruling, the Federal Trade Commission is mailing more than 64,000 checks to victims. These checks will total $1.5 million. [9/22/15]