1.0CLP Bloghttps://clpblog.citizen.orgAllison ZieveFTC Halts Payday Loan Scheme - CLP Blogrich600338<blockquote class="wp-embedded-content" data-secret="uFPRng2cRk"><a href="https://clpblog.citizen.org/ftc-halts-payday-loan-scheme/">FTC Halts Payday Loan Scheme</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://clpblog.citizen.org/ftc-halts-payday-loan-scheme/embed/#?secret=uFPRng2cRk" width="600" height="338" title="“FTC Halts Payday Loan Scheme” — CLP Blog" data-secret="uFPRng2cRk" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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From the FTC's press release: At the Federal Trade Commission’s request, a U.S. district court in Missouri has temporarily halted an online payday lending scheme that allegedly bilked consumers out of tens of millions of dollars by trapping them into loans they never authorized and then using the supposed “loans” as a pretext to take [...]