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Violation Tracker Individual Record

Company: NCAS of Delaware LLC dba Advance America Cash Advance Centers and Advance America Cash Advance Centers Inc.
Penalty: $22,000,000
Year: 2015
Date: February 11, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: payday lending violation
Violation Description: Advance America agreed to pay Pennsylvania consumers $8 million in restitution, forgive $12 million in unpaid balances, and pay $2 million to the state to settle resolve claims that the company illegally provided payday loans, some with interest rates as high as 368 percent.
Level of Government: state
Action Type: agency action
Agency: Pennsylvania Attorney General
Civil or Criminal Case: civil
Facility State: Pennsylvania
Source of Data: Pennsylvania Consumers to Receive $8 Million in Restitution Settlement with Advance America, Targeted News Service, February 11, 2015 (via Nexis).
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.