A court instance that so-called misleading sales techniques by Wisconsin car Title Loans, one of Reich’s businesses, dragged in for longer than ten years. Filed in 2002 because of the Legal Aid Society of Milwaukee and soon after accompanied by their state, the truth was settled in September 2013. The organization would not acknowledge fault but decided to spend $2.75 million in restitution along with other expenses.

Some states that outlaw name loans have actually clashed with loan providers running simply over the edge from states that enable them.

That’s been an irritant in jurisdictions bordering Virginia. In ’09, the D.C. attorney general sued LoanMax and another loan provider, arguing that radio and television ads lured residents of D.C. (more…)