Title Loan Lender Fast Automobile Financing Sued in WV

So that you can protect West Virginians through the abusive and illegal harassment and triple-digit rates of interest of a predatory out-of-state name financial institution, western Virginia Attorney General Darrell McGraw today filed suit when you look at the Circuit Court of Jefferson County against Virginia-based Fast car Loans, Inc., its moms and dad business, Community Loans of America, headquartered in Atlanta, and its own owner Robert I. Reich.

Attorney General McGraw’s lawsuit requests an injunction that is permanent Fast automobile from making illegal threats of unlawful prosecution and halting the company’s number of excess costs, failure to adhere to what the law states in seizing customers’ vehicles, extreme types of coercion, as well as other misleading, unjust and illegal business collection agencies techniques. The suit also charges that Fast automotive loans violated state that is several security laws and requests civil charges along with restitution and refunds for customers.

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