More Great News for PDL Customers & Lenders from the FTC

Published: Thu, 05/17/18

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And the news just KEEPS ON GETTING BETTER for payday loan customers and businesses.

A new leader at the FTC once defended payday lender AMG Services.

"In 2012, Mr. Smith was also part of the legal team that defended AMG Services, the payday lender founded by the Scott Tucker."

“It’s outrageous the F.T.C. would pick the lawyer for a criminally convicted racketeer’s payday loan company as consumer protection chief,” said Senator Elizabeth Warren, Democrat of Massachusetts, who opposed Mr. Smith’s selection."

“The agency should pick someone with a track record of protecting consumers, not companies that cheat people.”

ISN'T LIFE GREAT :-)

Here's a link to the full story:

New Head of FTC Formerly a Payday Loan Lender's Lawyer
http://paydayloanindustryblog.com/ftc-more-great-news-for-payday-loan-customers-lenders-businesses-in-general/

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