Herrera’s lender that is payday case $7.7 million for borrowers — at zero cost to taxpayers

Herrera’s lender that is payday case $7.7 million for borrowers — at zero cost to taxpayers

Check ‘n Go and Money Mart litigation settlement secures restitution that is direct overcharged customers, used revolutionary social media marketing outreach strategies

BAY AREA — City Attorney Dennis Herrera today announced that significantly more than 2,000 claimants for restitution from storefront payday loan provider Check ‘n Go will start getting reimbursement checks this week due to their workplace’s consumer security litigation settlement and statewide outreach system. All Check ‘n Go claimants are required to get their reimbursement checks — totaling almost $2.2 million — by the finish regarding the thirty days, in accordance with the settlement administrator that is independent. The re re re payments to test ‘n Go borrowers conclude a significant customer security effort by Herrera’s workplace that formerly netted a lot more than $5.5 million in comparable refunds from payday lender cash Mart/Loan Mart for a few 8,100 claimants statewide.

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