2808 Palumbo Dr Ste 200 Lexington, KY 40509. Kentucky Mortgage Company. 2425 Regency Rd Ste E Lexington, KY 40503. Johnston Financial Services. 1795 Alysheba Way Ste 3101 Lexington, KY 40509. Republic State Mortgage.
The loans are made under several brand names, including OneClickCash, UnitedCashLoans, USFastCash, Ameriloan and 500FastCash. This is not the first case the FTC has brought against tribal payday lenders. The consumer-protection agency has also filed lawsuits against Payday Financial LLC of South Dakota for trying to garnish wages of its borrowers and threatening to sue them in the Cheyenne River Sioux tribal court. The FTC says the company has no authority to garnish wages cash converters loan opening hours to file cases against nontribal members in a tribal court.
Online payday lenders are the fasting growing segment of the industry, accounting for more than 10 billion a year in loans. Only a fraction of that money goes to tribal affiliated lenders. Angela Vanderhoof of Olympia, Wash.borrowed 400 from OneClickCash in October 2010, not realizing she would eventually pay 690 in interest on her loan or that she would be hit with as many as four overdraft charges on her checking account in a single day.
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