Minnesota Commerce Department Cracks Down on Unlicensed Web Payday Lenders

Minnesota Commerce Department Cracks Down on Unlicensed Web Payday Lenders

During the simply simply click of a mouse, unlicensed lenders that are payday in other states are cashing in on Minnesota customers. Some payday lenders are taking their business online, charging customers big fees for small cash loans as Minnesotans struggle financially in tough economic circumstances.

Acknowledging this growing issue, Commerce Commissioner Mike Rothman took action this week on the part of Minnesota customers, breaking straight down on four payday loan providers for presumably supplying customer tiny loan solutions on the internet with no license that is proper. Continue reading “Minnesota Commerce Department Cracks Down on Unlicensed Web Payday Lenders”