Fraud charges.
Fraud Charges: Fast Cash, a payday loan A payday loan or paycheck advance is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. Typical loans are between $100 and $1500, on a two-week term and have interest rates in the range of 390 percent to 900 percent company with offices in Arcadia and Eagle Rock, faces allegations of deceptive de·cep·tive
adj.
Deceptive or tending to deceive.
de·cep tive·ness n. business practices and fraud. The company is alleged to have charged excessive and illegal penalties to customers who wrote bad checks. The complaint, filed by the California Attorney General's Office, seeks $2 million in civil penalties, including $350,000 in restitution In the context of Criminal Law, state programs under which an offender is required, as a condition of his or her sentence, to repay money or donate services to the victim or society; with respect to maritime law, the restoration of articles lost by jettison, done when the to former customers.
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