100,000 money shop and Instaloan customers eligible to little bit of cash advance settlement

100,000 money shop and Instaloan customers eligible to little bit of cash advance settlement

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Up to 100,000 Ontarians whom paid fees that are sky-high interest to their payday advances meet the criteria for at the very least $50 as an element of their share of the $10-million lawsuit settlement.

London attorney Harrison Pensa LLP led a lawsuit that is class-action money shop Financial because those shops charged excessive charges and interest.

The business had nine money Store and Instaloans outlets in London plus one in Sarnia.

“There is a fairly significant customer base in Southwestern Ontario,” said Harrsion Pensa partner Jon Foreman. Continue reading “100,000 money shop and Instaloan customers eligible to little bit of cash advance settlement”