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

  • date
  • August 24, 2021

DBO Moves 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 car name loan provider, for numerous and repeated violations of this state’s lending laws and regulations. The longer Beach-based lender routinely charged customers more interest and costs than allowed by legislation, neglected to consider borrowers’ power to repay as needed, freely utilized its unlawful lack of underwriting...

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