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Violation Tracker Individual Record

Company: PDL Support LLC, Platinum B Services LLC
Penalty: $80,000
Year: 2012
Date: August 21, 2012
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Josh Mitchem and his companies PDL Support and Platinum B Services jointly agreed to pay $80,000 to settle allegations that they assessed excessive interest rates and fees in violation of Arkansas law. They also agreed to cease offering usurious loans in Arkansas and cancel any outstanding loans to state residents.
Level of Government: state
Action Type: agency action
Agency: Arkansas Attorney General
Civil or Criminal Case: civil
Facility State: Arkansas
Source of Data: (click here)
Notes: The lending operations controlled by Mitchem and his companies include: Action Payday, Bottom Dollar Payday, Everest Cash, Paradise Cash Advance, The VIP Loan Shop and Red Leaf Lending
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.