Violation Tracker Individual Record
Company:
Western Sky Financial, CashCall Inc. and WS Funding
Current Parent Company:
CashCall Inc.
Penalty:
$750,000
Year:
2016
Date:
June 24, 2016
Offense Group:
consumer-protection-related offenses
Primary Offense:
consumer protection violation
Violation Description:
Western Sky Financial, CashCall Inc., WS Funding and their owners jointly agreed to pay $750,000 to settle accusations of conspiring to offer illegal payday loans online to Arkansans while claiming to be affiliated with a Native American tribe.
Level of Government:
state
Action Type:
agency action
Agency:
Arkansas Attorney General
Civil or Criminal Case:
civil
Facility State:
Arkansas
HQ Country of Parent:
USA
HQ State of Parent:
California
Ownership Structure of Parent:
privately held
Major Industry of Parent:
financial services
Specific Industry of Parent:
financial services
Notes:
Joint settlement is $500,000 restitution and $250,000 to Arkansas Consumer Education.
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
