FTC and NY AG Target Merchant Cash Loan Organizations

FTC and NY AG Target Merchant Cash Loan Organizations

Regulatory, conformity, and litigation developments within the economic solutions industry

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On June 10, 2020, the Federal Trade Commission additionally the ny workplace of this Attorney General filed actions against two vendor cash loan (MCA) companies – RCG Advances and Ram Capital Funding – and folks related to both organizations within the District that is southern of York while the Supreme Court regarding the State of the latest York County of the latest York. Read more