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FTC challenges strategies of online lender that is payday

FTC challenges strategies of online lender that is payday

For the business called Harvest Moon, its business practices sure leave consumers at nighttime about key facets of its loans that are payday. That’s what the FTC alleges in a full situation filed in federal court in Nevada.

Utilizing consumer-facing names like Harvest Moon Financial, Gentle Breeze on the web, and Green Stream Lending, 11 associated Nevada- and California-based defendants – including a tribal lending enterprise chartered beneath the legislation regarding the Los Angeles Posta Band of Diegueño Mission Indians – run an on-line lending operation that is payday.

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