Violation Tracker Individual Record

Company: 
CashCall, Inc., Western Sky Financial, LLC, WS Funding, LLC
Current Parent Company: 
CashCall Inc.
Penalty: 
$500,000
Year: 
2016
Date: 
December 30, 2016
Offense Group: 
financial offenses
Primary Offense: 
payday lending violation
Violation Description: 

CashCall, Inc., Western Sky Financial, LLC, WS Funding LLC, plus two individuals, agreed to pay a $500,000 Administrative Fine in settlement of allegations they made unlicensed consumer finance loans (loans under $25,000 with interest rates over 18% APR) in the state.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Florida Office of Financial Regulation
Civil or Criminal Case: 
civil
Case ID: 
65600
Facility State: 
Florida
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.