Recent enforcement actions details

Case number: 
31342

Business:
Reliable Speedy Loans

Does business as:
reliablespeedyloans.com

Individual First Name:

Individual Last Name:

Attached PDFs: 


    Summary:

    Allegations (BPCPA 112.06(2))

    1. Failure to include payday lender business address in payday loan agreements.
    2. Failure to include payday lender phone number in payday loan agreements.
    3. Failure to include Annual Percentage Rate (APR) in payday loan agreements.

    Decision Outcome

    1. The contravention was confirmed
    2. The contravention was dismissed
    3. The contravention was confirmed

    Actions Taken

    • Administrative monetary penalty of $3,000 imposed on Respondent
    • Compliance Order requiring partial reimbursement of inspection costs ($500)