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Eye On Boise

Tue., July 19, 2011, 1:13 p.m.

Payday lender must reimburse Idahoans

Here's a news item from the Associated Press: BOISE, Idaho (AP) — The state attorney general's office says Idaho residents are eligible for restitution from a Utah-based payday loan lender that was not licensed to practice in the state and attempted to garnish the wages of borrowers without a court order. Attorney General Lawrence says Flobridge Group, LLC has agreed to refund borrowers who sent the company payments after receiving collection notices, wage garnishment requests or court documents. The company agreed to the refunds as part of a settlement. Wasden says Idaho barred Flobridge Group from payday lending within its borders last year because the company wasn't licensed by the Department of Finance. Idaho claims an investigation found the lender hounded borrowers who missed payments with repeated calls, emails and texts to them and their employers while also threatening unauthorized legal action.

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Betsy Z. Russell
Betsy Z. Russell joined The Spokesman-Review in 1991. She currently is a reporter in the Boise Bureau covering Idaho state government and politics, and other news from Idaho's state capital.

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