Montel Williams out as pay day loan pitchman in ny
FILE – In this might 21, 2013 file picture, Montel Williams attends the “Now I am seen by you” premiere at AMC Lincoln Square, in nyc. an on-line business is|company that is online losing Williams as the celebrity pitchman in ny while agreeing to quit producing leads within the state for payday advances with rates of interest sometimes topping 1,000 per cent, regulators stated Tuesday, March 10, 2015. Williams, a previous marine whom hosted “The Montel Williams Show” for over ten years, finalized a permission purchase saying he will stop endorsing MoneyMutual loans in New York, it said. (Photo by Evan Agostini/Invision/AP, File) Associated Press
FILE – In this might 21, 2013 file picture, Montel Williams attends the “Now I am seen by you” premiere at AMC Lincoln Square, in nyc. an on-line business is|company that is online losing Williams as its celebrity pitchman in ny while agreeing to cease creating leads within the state for pay day loans with interest levels often topping 1,000 per cent, regulators stated Tuesday, March 10, 2015. Williams, a previous marine whom hosted “The Montel Williams Show” for longer than a ten years, finalized a permission order saying he will stop endorsing MoneyMutual loans in nyc, it stated. (Picture by Evan Agostini/Invision/AP, File) Associated Press
ALBANY, N.Y. — an on-line company is losing Montel Williams as the celebrity pitchman in ny while agreeing to quit producing leads within the state for payday advances with rates of interest often topping 1,000 per cent, regulators stated Tuesday.
A study discovered Las Vegas-based Selling supply LLC, conducting business as MoneyMutual, advertised unlawful loans online to New York residents, as well as the business can pay $2.1 million in charges, the Department of Financial Services said.
Williams, a marine that is former hosted “The Montel Williams Show” for over 10 years, finalized a permission purchase saying he will stop endorsing MoneyMutual loans in ny, it stated. Read More