Most Blue Trust loans are due within 6 months and there is no pre-payment penalty. Jora Credit: Jora provides installment loans in California that go from 2500 to 3500. Borrowers can choose between monthly or bi-weekly payments with payoff times that will range from 2-4 years. Upon approval you should be eligible for next day funding and there is no early payoff penalty. Jora requires applicants to show proof of current income.
MoneyKey: MoneyKey is a state licensed lender with more than 180,000 customers. MoneyKey offers online payday loans of 255 in California.
The consumer-protection agency has also filed lawsuits against Payday Financial LLC of South Dakota for trying to garnish wages of its borrowers and threatening to sue them in the Cheyenne River Sioux tribal court.
The FTC says the company has no authority to garnish wages or to file cases against nontribal members in a tribal court. Online payday lenders are the fasting growing segment of the industry, accounting for more than 10 billion a year in loans. Only a fraction of that money goes to tribal affiliated lenders. Angela Vanderhoof of Olympia, Wash.borrowed 400 from OneClickCash in October 2010, not realizing she would eventually pay 690 in interest on her loan or that she would be hit with as many as four overdraft charges on her checking account in a single day.
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