You may recall that Aaron Gershfield, one of the applicants to develop 15 Oakleigh Park North, was charged by the U.S. Federal Trade Commission and the State of Nevada with using unfair and deceptive collection tactics in his payday loan companies.
As a result a group of Internet payday lending companies that allegedly threatened customers who didn't make payments with arrest and called customers at work and swore at them has agreed to pay US$1 million to settle charges from the U.S. Federal Trade Commission and the State of Nevada.
Read the FTC Press Release
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