LITTLE ROCK, Ark. AP - Arkansas' attorney general says he's sued a company that operates an online payday lending site that provides quick loans with triple-digit interest rates.Attorney General Dustin McDaniel says he's filed a lawsuit against Geneva Roth Ventures Inc., which operates the site www.loanpointusa.
January 28, 2010 at 12:00 AM
1 minute read
LITTLE ROCK, Ark. AP – Arkansas’ attorney general says he’s sued a company that operates an online payday lending site that provides quick loans with triple-digit interest rates.
Attorney General Dustin McDaniel says he’s filed a lawsuit against Geneva Roth Ventures Inc., which operates the site www.loanpointusa.com. The site advertises loans for Arkansas residents of up to $600 with a minimum interest rate of 364 percent.
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