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Money Mart “Payday Loan” Class Action Payment

The san francisco bay area City Attorney has now reached a class action lawsuit settlement with cash Mart (also called Loan Mart) requiring it to settle Ca customers whom took away “pay day advance” loans. You may be eligible to receive a cash award from the $7.5 million Money Mart class action lawsuit settlement if you borrowed a pay day advance loan (sometimes called a “Cash ‘til Payday” loan) or an installment loan (sometimes called a “CustomCash” loan) at a Money Mart Store between 2005 and 2007. The cash Mart settlement will resolve a course action lawsuit, entitled Dennis Herrera v. Check N’ Go of Ca, Inc., et al., that alleges cash Mart wanted to California consumers CustomCash loans with interest levels that surpassed the limitations set by Ca Law and money ‘til payday advances that did not comport using the Ca legislation. Read the rest of this entry »