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>> LENDING Latest News

JUN 13, 2014 - Washington Business Journal

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State moves to suspend license of consumer lender CashCall

California Department of Business Oversight said Friday it is seeking to suspend the license of CashCall Inc. for violating the state’s lending laws. The department served the company an accusation last week. The company has the right to request a hearing on the matter, said Mark Leyes, director of communications with the Department of Business Oversight. The lender is based in Orange, in Southern California. Founded in 2003, the company advertises heavily on television. The state alleges that…

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