Archive for the ‘Large Payday Loans’ Category

Montel Williams has gone out as pay day loan pitchman in ny

Posted by: funnytodd   
November 13th,

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ALBANY, N.Y. — an company that is online losing Montel Williams as the celebrity pitchman in nyc while agreeing to cease producing leads within the state for pay day loans with rates of interest often topping 1,000 percent, regulators stated Tuesday.

A study found Las Vegas-based Selling Source LLC, conducting business as MoneyMutual, advertised illegal loans online to New York residents, and also the business will probably pay $2.1 million in charges, the Department of Financial Services said. Read the rest of this entry »