Payday lender to reimburse Idaho borrowers
BOISE — 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 Wasden said 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 said 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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