Tuesday, July 19, 2011

Payday Lender Ordered to Pay Restitution to Idahoans

Posted By on Tue, Jul 19, 2011 at 3:19 PM

A Utah-based payday lender, already banned from doing business in Idaho, must now pay restitution to Idaho borrowers who received collection notices and requests for wage garnishments.

Flobridge Group had never obtained a license from the Idaho Department of Finance, yet had tried to garnish wages from Idahoans without a court order. Under a settlement with the office of Idaho Attorney General Lawrence Wasden, Floridge must now pay refunds to a number of borrowers. The AG's investigation found that Flobridge had repeatedly called, emailed and texted borrowers and their employers, threatening legal actions that the company had no authority to take.

Wasden encouraged Idahoans who believe they are eligible to receive restitution to file a complaint before Sept. 12, 2011.

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