Loan Referral Entities Must Pay $9.5M To Consumers, Federal Judge Determines

Loan Referral Entities Must Pay $9.5M To Consumers, Federal Judge Determines

ORLANDO, Fla. - A federal judge in Florida on July 18 ordered an online payday loan referral service and its affiliates to pay $9.5 million to consumers whom they allegedly surreptitiously charged $100 a year for memberships (Federal Trade Commission v. Direct Benefits Group LLC, et al., No. 11-1186, M.D. Fla.; 2013 U.S. Dist. LEXIS 100593).

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