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The federal trade commission is mailing 72,836 checks totaling more than $2.9 million to people who lost money to an alleged scheme that trapped them into payday loans they never authorized. The federal trade commission has charged a payday lending enterprise with deceptively overcharging consumers millions of dollars and withdrawing money repeatedly from. Two payday lenders have settled federal trade commission charges that they illegally charged consumers across the country undisclosed and inflated fees The federal trade commission is taking action against online cash advance app dave for allegedly using misleading mark The owners of a debt relief operation that targeted consumers with outstanding payday loans will be banned from the debt relief business under settlements with the federal. The owners and operators of a vast payday lending scheme that overcharged consumers millions of dollars will be permanently banned from the lending industry under the. Treasury as part of a settlement resolving ftc charges that they used unfair and. Starting on november 18, 2024, the ftc will send 1,818,930 paypal payments totaling more than $17 million to people who paid brigit for instant cash advances Brigit falsely promised quick cash. Floatme broke cash advance promises payday loans and cash advances