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Legal News

: Lawyers and Settlements

Attorney Sues Americash for PayDay Loan Hell

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i>Chicago, IL: Out of control payday loans can feel like a kind of purgatory-where borrowers swim as fast as they can but still find the shoreline getting farther and farther away. In the state of Illinois, the attorney general's website specifically warns consumers about payday loans and advises them to consider all other possible options for entering into a payday loan agreement. "Although they provide quick credit, payday loans are extremely expensive and will only worsen your situation in the long run," reads the website.

Full post as published by Lawyers and Settlements on June 17, 2009 (boomark / email).

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And so it grows -- letting state AGs sue to enforce federal laws

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