DBO techniques to Void Loans and Revoke Licenses of car Title Lender Fast Money Loan

SACRAMENTO – The Ca Department of company Oversight (DBO) today filed an action (PDF) to void loans and revoke the licenses of Fast Money Loan, a prominent Southern California auto title loan provider, for numerous and consistent violations of this state’s lending regulations. The longer Beach-based lender routinely charged customers more interest and charges than allowed by legislation, did not …