Operators of Cash Cow are faced with illegally milking clients by charging you huge interest levels on loans.

January 2, 2021 No comments yet

Operators of Cash Cow are faced with illegally milking clients by charging you huge interest levels on loans.

The quickly growing “payday” lending industry, which charges customers rates of interest of 500 % or even more for short-term loans, faced its very very very first major crackdown in Florida on Thursday.

Their state charged Jeffrey C. Swank, owner associated with the money Cow string, and four associates with racketeering, usury and other crimes, and seized $565,743 from business and individual bank records.

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