GA Attorney General sues over illegal payday loans - KOTA Territory News

GA Attorney General sues South Dakota-based company over illegal payday loans

ATLANTA (AP) - Georgia Attorney General Sam Olens has filed a lawsuit against two companies accusing them of providing illegal payday loans in the state.

In a lawsuit filed Friday in Fulton County Superior Court, Olens accuses South Dakota-based Western Sky Financial, the company's owner Martin Webb and California-based Cash Call Inc. of violating a state law prohibiting lenders from offering payday loans over the Internet.

Olens' spokeswoman Lauren Kane says a lawyer representing Western Sky said in a May 2012 letter that the company would stop offering loans in Georgia. Kane says Western Sky continued offering loans and consumers reported abusive collections practices to state officials.

A call to the attorney who wrote on Western Sky's behalf wasn't returned.

Representatives of Cash Call could not be reached for comment on the lawsuit.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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