Title Loan Lender Fast Automotive Loans Sued in WV

Title Loan Lender Fast Automotive Loans Sued in WV

In an attempt to protect West Virginians through the abusive and harassment that is unlawful triple-digit interest levels of a predatory out-of-state title financial institution, western Virginia Attorney General Darrell McGraw today filed suit when you look at the Circuit Court of Jefferson County against Virginia-based Fast car Loans, Inc., its moms and dad business, Community Loans of America, headquartered in Atlanta, and its particular owner Robert I. Reich.

Attorney General McGraw’s lawsuit requests an injunction that is permanent Quick car from making illegal threats of unlawful prosecution and halting the company’s number of extra costs, failure to follow along with what the law states in seizing customers’ vehicles, extreme types of coercion, along with other deceptive, unjust and unlawful business collection agencies methods. The suit also charges that Fast automotive loans violated a few state customer security laws and requests civil charges along with restitution and refunds for customers.

“Out-of-state loan providers debts that are collecting western Virginia will respect the rights of y our residents as well as the guidelines of y our state or they are going to face the results,” McGraw said within a press seminar held in the Attorney General’s Eastern Panhandle workplace in Martinsburg. Continue reading “Title Loan Lender Fast Automotive Loans Sued in WV”