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| December 17, 2018

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California regulator probes links between high-cost lenders and consumer finance sites

September 26, 2018 |

The state’s top financial regulator launched an investigation Wednesday of high-cost consumer lenders after the failure of several bills in the Legislature that would have tightened oversight of the industry.

The Department of Business Oversight sent letters to 20 high-interest lenders, asking…


L.A. Times – Business

State fines lenders for pushing borrowers into high-cost loans

March 13, 2018 |

High-cost lender Advance America will pay refunds to hundreds of California customers after a state regulator accused the firm of charging illegally high interest rates topping 100%.

The action, announced Monday, comes a few months after the Department of Business Oversight took actions against…


L.A. Times – Business