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Western Sky said it went out of business in 2013. But unwary visitors can still stumble into scary terms on personal loans — 300% APR or worse.
Western Sky Loans was a predatory lending company that caused a lot of headaches for a lot of people.
People ripped off by Western Sky loans to get refunds. Michigan consumers ripped off by illegal, high-priced loans from Western Sky Financial and CashCall are expected to see refund checks by Oct. 2.
Western Sky Personal Loans- Don’t Let the Sky Fall on You – Personal Loans from Western Sky Financial: The riskiest personal loan product I’ve ever seen, bar none. Read on to find out the sordid details.
The Division’s examiner reviewed the loan terms for the loans made by Western Sky and determined that the terms triggered the licensing requirements of the small loan law, violated the small loan rate order and are void subject to the provisions of Massachusetts General Laws chapter 140, section 110.
Western sky charges you a pre pay fianance fee on top of your loan and they interest for $1500 instead of $1000. On there commericals they also state a fraud advertisement. "this will help your credit score".
Western Sky payday loans offer to you unsecured loans and deal with your finances in times of crises and other needs. The company can offer you fast, online loans, emergency cash loans and other short term loans.
Since Western Sky was not the true lender of these payday loans, and neither CashCall nor its borrowers had any substantial relationship with the tribe, then state lending laws apply.
Georgia residents who entered into loans originated by Western Sky Financial, LLC (“Western Sky”) are entitled to relief from a settlement with the State of Georgia through the Attorney General of the State of Georgia that was approved by the Fulton County Superior Court on January 23, 2017.
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