Online Payday Lenders Hit with Class Action Lawsuit
By Sarah Pierce
A federal class action lawsuit warns consumers to stay away from Internet payday lenders EDebitPay and Platinum Online Group, which allegedly take information from loan applicants and use it to forge checks on behalf of the applicants without their knowledge or consent.The online payday lender class action lawsuit is seeking a preliminary and permanent injunction restraining EDebitPay and Platinum Online Group from drafting or depositing remotely created checks without the payor’s express clear authorization and consent. It is also asking the Court to award actual damages and restitution of the money wrongfully withdrawn from Class Members’ checking accounts.
A copy of the EDebitPay and Platinum Online Group Class Action Lawsuit can be read here.
The case is Deborah Deffenbaugh v. EDebitPay, LLC and Platinum Online Group, LLC, Case No. 11-cv-3024, United States District Court, Northern District of California.
Updated June 23rd, 2011
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