Violation Tracker Individual Record

Company: 
Allied Cash Advance California, LLC
Current Parent Company: 
CNG Financial
Penalty: 
$103,709
Year: 
2011
Date: 
August 17, 2011
Offense Group: 
financial offenses
Primary Offense: 
payday lending violation
Violation Description: 

Allied Cash Advance agreed to pay $100,000 penalty and at least $3,709 in refunds in settlement of allegations it violated the California Deferred Deposit Transaction Law by charging excessive fees, lack of requisite disclosures, and failure to maintain records.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Department of Business Oversight
Civil or Criminal Case: 
civil
Facility State: 
California
HQ Country of Parent: 
USA
HQ State of Parent: 
Ohio
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
consumer lending
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.