09-11-2016 21:27 via krqe.com

New Mexico judge orders FastBucks to pay $32M in restitution

ALBUQUERQUE, N.M. (AP) – A New Mexico judge is ordering a short-term loan company that operates online and in five states to pay more than $32 million in restitution to customers for unfair and unconscionable business practices.
The state attorney general’s office on Wednesday announced Judge Francis Mathew’s judgment against FastBucks.
Attorney General Hector Balderas says the judgment represents a step toward ending predatory business practices. He also said it will take time
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