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INFLUENCE: Tribal payday lender sued by Federal Trade Commission

INFLUENCE: Tribal payday lender sued by Federal Trade Commission

Payday loan provider switched battle vehicle rookie, Scott Tucker Level 5 Motorsports/Flickr

Automobile racer profiled in Center research accused of misleading financing techniques

Introduction

The Federal Trade Commission today used a case which had thwarted state authorities for a long time, accusing a Web payday loan provider with ties to Indian tribes of illegally borrowers that are deceiving.

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The agency is asking a judge that is federal Nevada to purchase AMG Services of Overland Park., Kan., to end the misleading techniques and pay off borrowers whom its states got cheated.