FTC and NY AG Target Merchant Cash Loan Businesses

FTC and NY AG Target Merchant Cash Loan Businesses

The Federal Trade Commission and also the ny workplace regarding the Attorney General filed actions against two vendor cash loan (MCA) companies – RCG Advances and Ram Capital Funding – and folks connected with both businesses within the Southern District of brand new York therefore the Supreme Court for the State of the latest York County of brand new York. Both the FTC and nyc AG assert a few claims from the defendants pertaining to the advertising, providing, and gathering of MCA. Continue reading “FTC and NY AG Target Merchant Cash Loan Businesses”