More on West Virginia prosecution of Internet lenders

Yesterday we had a post about the Attorney General going after some Internet lenders. There’s more:

The second suit filed by McGraw’s office asks the court to order four collection agencies, Capital Collections, LLC, Claims Investigators of America, Crime Monitoring Center, and Premier Recovery Group, to comply with his investigative subpoenas and to stop collecting Internet payday loans in West Virginia.

It looks like they’re using these collection’s companies to get to the lenders.

For the record, West Virginia has made 97 settlement agreements since 2005. I was a little surprised by that number.

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