Tag Archives: Ideal Financial Solutions

Payday Loan Network Sold Info to Scammers

December 26, 2014

The Federal Trade Commission announced this week it is suing a consumer data broker that sold payday loan application data to scammers who used the information to pull money out consumer bank accounts. The scam brings to mind an underground identity theft service I wrote about in 2012 that was gathering its data from a network of payday loan sites.