Frequently Asked Questions Regarding Lawsuit Against Western Sky Financial
On July 26, 2013, Attorney General Olens filed a lawsuit against Western Sky Financial, LLC (Western Sky), CashCall, Inc. and Delbert Services Corporation alleging violations of Georgia’s Payday Lending Act.
To report a loan that you received from Western Sky or CashCall, please send an email to firstname.lastname@example.org. Please include your full name, telephone number, email address, home address, loan information, and a copy of your loan agreement.
1. What does the Payday Lending Act prohibit?
The Payday Lending Act, a Georgia law, specifically prohibits the making of unlicensed loans of $3,000.00 or less, including the making of small consumer loans to Georgia residents through the Internet (O.C.G.A. § l6-17-1, et seq).
2. What is the Attorney General asking for in the lawsuit?
Attorney General Olens is asking the court to prohibit Western Sky, CashCall, and Delbert Services from making payday loans in Georgia, to declare all existing loans null and void, and to enjoin the companies from further collection of payments. The lawsuit also seeks civil penalties for violations of the Payday Lending Act.
3. Is there an injunction?
Yes. The court entered an Injunction Order prohibiting the Defendants from making any new loans in Georgia or transferring any existing loans during the pendency of the lawsuit. The Injunction Order does not prohibit the Defendants from collecting payments on existing loans while the lawsuit is pending.
4. What should I do about my loan?
For legal advice regarding your loan, you may wish to consult a private attorney.
The case is styled State of Georgia v. Western Sky Financial, et al., Civil Action No. 2013-CV-234310 and is currently pending in Fulton County Superior Court. A copy of the Complaint and Injunction Order are available at the links below.