CASHCALL TO REFUND MILLIONS TO VIRGINIA CONSUMERS THROUGH PROHIBITED ON THE WEB FINANCING SCHEME

Virginia customers to get $15.335 million in restitution and debt settlement included in settlement to eliminate allegations that on the web loan provider utilized “rent-a-tribe” scheme to deceive customers and gather unlawful interest on on line loans

RICHMOND (January 31, 2017) – Attorney General Mark R. Herring today announced that Virginia consumers will undoubtedly be getting $15.335 million in restitution and credit card debt relief included in a settlement to solve claims that CashCall, Inc. As well as its president and CEO J. Paul Reddam illegally deceived borrowers