Quantcast
Home / Verdicts & Settlements / Payday lender agrees to pay $9M in refunds (access required)

Payday lender agrees to pay $9M in refunds (access required)

Online lender Western Sky has agreed to pay more than $9 million to settle a lawsuit alleging that it ripped off borrowers throughout North Carolina. The settlement money will be used to provide refunds to borrowers who were allegedly charged illegal sky-high annual interest rates of 89 to 342 percent on loans that ranged from $850 ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*