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Federal Trade Commission Settles On The Web Payday Lending Suit Extending Its Jurisdiction in Indian Nation

Federal Trade Commission Settles On The Web Payday Lending Suit Extending Its Jurisdiction in Indian Nation the Federal Trade Commission (FTC) partially settled case it introduced federal district court against several firms and people who will be involved in online lending that is payday for all Indian tribes. The lending firms agreed to stop collection tactics that included threats of arrest, imprisonment, and/or lawsuit under the terms of the settlement in FTC v. AMG Services, Inc. The financing firms also...

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