Violation Tracker Individual Record

Company: 
CashCall, Inc. and Western Sky Financial L.L.C.
Current Parent Company: 
CashCall Inc.
Penalty: 
$400,000
Year: 
2014
Date: 
April 2, 2014
Offense Group: 
financial offenses
Primary Offense: 
payday lending violation
Secondary Offense: 
consumer protection violation
Violation Description: 

CashCall , Inc. and Western Sky Financial, L.L.C. agreed to pay a $350,000 civil penalty, $50,000 for consumer education, and restitution to customers in settlement of allegations they offered small high-interest loans without a license.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Connecticut Department of Banking
Civil or Criminal Case: 
civil
Facility State: 
Connecticut
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
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.