$505 Million in Refunds delivered to Payday Loan users Through the Federal Trade Commission see responses to questions regarding AMG refunds In the event that you took out an on-line cash advance from a business connected to AMG Services, you are getting a register the mail through the FTC. The $505 million the FTC is time for customers makes this the refund program that is largest the agency has ever administered. (FTC image) BREVARD COUNTY, FLORIDA – If you took down an on-line pay day loan from an organization associated with AMG Services, you might be getting a sign in the mail through the FTC. The $505 million the FTC is time for customers makes this the refund program that is largest the agency has ever administered. The FTC sued AMG and Scott A. Tucker for misleading payday financing. Whenever customers took away loans, AMG stated they would charge a finance fee that is one-time. Alternatively, AMG made numerous unlawful withdrawals from peoples’ bank reports and charged concealed charges. As being a total outcome, individuals paid much more for the loans than that they had consented to. In 2016 the FTC won a court situation against AMG and Scott Tucker. Then in 2017, a jury convicted Tucker along with his lawyer of crimes regarding the financing scheme. The FTC and Department of Justice are utilising cash acquired in both court actions to provide refunds to consumers. […]