Kanawha Circuit Court has ordered 10 Internet payday lenders to comply with an investigation conducted by Attorney General Darrell McGraw.
The lenders must stop making and collecting "payday" loans in West Virginia. The lenders were also ordered to produce the subpoenaed documents.
"Payday" loans are short term loans or cash advances, usually for two weeks, that are secured by a post-dated check or secured by the consumer's consent to an electronic debit for the full amount owed from a personal checking account.
Since the investigation began in 2005, McGraw's office has concluded settlement agreements with at least 17 Internet payday lenders.
Here's a list of the companies that were ordered by the court to comply with McGraw's investigation:
For more information, you can call the Consumer Protection Hot Line at 1-800-368-8808 or visit www.wvago.us.