DBO Settlement with Advance America Subsidiary Continues Crackdown on Rate Of Interest Cap Avoidance

DBO Settlement with Advance America Subsidiary Continues Crackdown on Rate Of Interest Cap Avoidance $160,000 Contract Provides Borrower Refunds, Charges SACRAMENTO – The Department of company Oversight (DBO) today finalized a settlement with Advance America’s Ca subsidiary that continues a wider DBO crackdown on loan provider avoidance of great interest price restrictions on small-dollar customer…