Cashland to pay $150,000 to resolve allegations of credit violations

By Mark Iandolo | Feb 26, 2016

CHARLESTON, West Virginia (Legal Newsline) — West Virginia Attorney General Patrick Morrisey has announced his office has reached a $150,000 settlement with Cashland, an Ohio payday lender, that resolves allegations of Consumer Credit and Protection Act violations.

Cashland repeatedly made unwanted telephone calls to persons or consumers listed as references on credit applications, according to the Attorney General’s Consumer Protection Division. These calls, the state alleges, were made without any legitimate reason.

“This settlement represents another step forward for consumers,” Morrisey said. “It’s a good day when you can bring money back into the state and change how systems and practices work for West Virginia consumers.”

As part of the settlement, Cashland will pay the monetary fine and ensure its practices comply with state law. The agreement additionally mandates that the company permanently refrain from contacting any reference or third party listed on a credit application.

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