BALTIMORE, MD (23, 2014) – The Maryland Department of Labor, Licensing and Regulation’s (DLLR) Commissioner of Financial Regulation june
, Mark Kaufman today announced a permission contract to address abusive payday lending and collections tasks involving Western Sky Financial, CashCall, Inc., their managing shareholders and many relevant entities. The settlement terms are respected at more or less $2 million. Furthermore, Western Sky, CashCall plus the other participants are completely forbidden from participating in any monetary solutions associated tasks in Maryland that require licensing, including originating, brokering or servicing any mortgage, customer or any other loan involving Maryland customers.Continue reading