Violation Tracker Individual Record
Company:
CashCall Inc., WS Funding
Current Parent Company:
CashCall Inc.
Penalty:
$2,962,573
Year:
2017
Date:
January 11, 2017
Offense Group:
consumer-protection-related offenses
Primary Offense:
consumer protection violation
Violation Description:
CashCall Inc., WS Funding (a subsidiary) and their owner agreed to pay $100,000 in penalties and costs, return $1,862,573 to consumers and forgive remaining debts of more than $1 million in settlement of allegations it charged consumers ilegal interest rates and engaged in lending activities without obtaining the required Money Lender's License.
Level of Government:
state
Action Type:
agency action
Agency:
District of Columbia Attorney General
Civil or Criminal Case:
civil
Facility State:
District of Columbia
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.
