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Herrera Sues Storefront ‘Payday Lenders’ for Prohibited Business Techniques, Deceptive Advertising

Herrera Sues Storefront ‘Payday Lenders' for Prohibited Business Techniques, Deceptive Advertising Illegal Lending Schemes by Check ‘n Go, cash Mart Target Low-Income Borrowers With Interest Exceeding 400 Percent APR City Attorney Dennis Herrera today filed suit against storefront lending organizations Check ‘n Go and Money Mart, as well as their online affiliates as well as an associated bank that is out-of-state for illegal, unjust and fraudulent company methods stemming from their advertising of short-term installment loans at illegal interest levels to...

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