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Patrick O’Shaughnessy Claimed That Advance America “‘Will Never’” Depend On Fraudulent Or Prohibited Tactics Utilized By “‘Scam Artists, ’” Yet Their Company Is Fined For Loading Loans With Prohibited Costs And Has Now Purchased Its Employees To Intimidate Borrowers At Their Workplaces.

Patrick O’Shaughnessy Claimed That Advance America “‘Will Never’” Depend On Fraudulent Or Prohibited Tactics Utilized By “‘Scam Artists, ’” Yet Their Company Is Fined For Loading Loans With Prohibited Costs And Has Now Purchased Its Employees To Intimidate Borrowers At Their Workplaces.

Patrick O’Shaughnessy Claimed That Advance America “‘Will Avoid Using The Sort Of Fraudulent And Prohibited Tactics Utilized By Ripoff Artists. ’”

Patrick O’Shaughnessy Claimed, In Reaction To Report Of A Fraud Involving Scammers Posing As Advance America Workers, That “‘Legitimate Short-Term Lenders Such As For Instance Advance America … Will Never Ever Utilize The Type Of Fraudulent And Prohibited Tactics Used By Ripoff Artists. ’” “Advance America, a nationwide provider of small-dollar loans along with other economic solutions, has become alert to a unique revolution of frauds focusing on customers in Tennessee. It is often stated that scammers, posing as Advance America representatives, are providing residents that are local for a consolidation loan, an item Advance America will not offer, in return for private information such as for instance bank account figures, passwords and Social protection figures. These scam performers have been in no method associated with the organization. … ‘Scammers often make use of the trustworthiness of a genuine, respected company to con victims from their money, ’ stated Patrick O’Shaughnessy, president and CEO of Advance America.