Washington State Dept. of Financial Institutes Warns Consumers About…

Washington State Dept. of Financial Institutes Warns Consumers About Web Pay Day Loans

“Most Internet-based cash advance loan providers are, in reality, maybe maybe not licensed to accomplish company in Washington,” DFI Director of customer Services Deborah Bortner describes. “When a customer takes that loan from an unlicensed loan provider, there is certainly hardly any we could do in order to protect them, and often small we are able to do in order to the organization when they don’t abide by our guidelines, particularly if they truly are positioned not in the United States.”

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