Maryland Commissioner of Financial Regulation Announces $2 Million Settlement with Western Sky Financial, CashCall, Inc. as well as others

Friday, December 11, 2020

Maryland Commissioner of Financial Regulation Announces $2 Million Settlement with Western Sky Financial, CashCall, Inc. as well as others

BALTIMORE, MD (23, 2014) – The Maryland Department of Labor, Licensing and Regulation’s (DLLR) Commissioner of Financial Regulation june

, Mark Kaufman today announced a permission contract to address abusive lending that is payday collections tasks involving Western Sky Financial, CashCall, Inc., their managing shareholders and many associated entities. The settlement terms are respected at around $2 million. Furthermore, Western Sky, CashCall and also the other participants are forever forbidden from participating in any monetary solutions associated tasks in Maryland that require licensing, including originating, brokering or servicing any mortgage, customer or other loan involving Maryland customers. Read the rest of this entry »