A week ago, the Jackson Free Press in Jackson, Mississippi stated that Mississippi payday loan provider, All American Check Cashing, Inc., is with in difficulty once more. This time around, it is with all the customer Financial Protection Bureau (CFPB). The CFPB alleges that most United states has involved in a variety of improper practices including hiding check cashing charge schedules, misleading individuals into taking out fully costlier loans, and wrongfully maintaining consumer overpayments. All United states has apparently perhaps not taken care of immediately these allegations. Michael Gray, the master of All US, can also be implicated within the so-called wrongdoing.

In line with the news article, the continuing State of Mississippi has recently revoked the licenses of most United states and fined it nearly $900,000.00 and ordered the business to refund a complete of $135,000.00 to seven hundred (700) clients.