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State AG Launches Enforcement Action Against Payday Lender and Affiliated Debt Collectors

State AG Launches Enforcement Action Against Payday Lender and Affiliated Debt Collectors

Pennsylvania Attorney General Kathleen G. Kane Thursday announced a customer security lawsuit against a company that is texas-based presumably engineering an unlawful pay day loan scheme on the internet. Based on the lawsuit, the defendants allegedly targeted Pennsylvania consumers in breach of state legislation.

The lawsuit that is civil filed into the Court of Common Pleas of Philadelphia County against Think Finance Inc. (formerly ThinkCash), TC Loan solutions LLC, Elevate Credit Inc., Financial U LLC, and previous ceo Kenneth E.