Violation Tracker Individual Record

Company: 
Payday Advance, LLC
Penalty: 
$277,932
Year: 
2008
Date: 
October 23, 2008
Offense Group: 
financial offenses
Primary Offense: 
payday lending violation
Violation Description: 

Payday Advance was ordered to pay $38,250 administrative penalties in citations for entering into deferred deposit transaction agreements while an earlier agreement with the customer was still in effect. The violating agreements were also declared void, with no right to collect and all principal and fees forfeit, with a value of at least $239,682.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Department of Business Oversight
Civil or Criminal Case: 
civil
Facility State: 
California
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.