During the simply simply click of a mouse, unlicensed payday lenders positioned various other states are cashing in on Minnesota consumers. As Minnesotans battle economically in tough financial circumstances, some payday loan providers are using their online businesses, recharging clients big costs for tiny money loans.

Recognizing this growing issue, Commerce Commissioner Mike Rothman took action this week with respect to Minnesota customers, breaking straight down on four payday loan providers for presumably supplying customer tiny loan services on the internet without having a license that is proper.

Complaints gotten by the Commerce Department from three Minnesota customers led to formal costs against: Omega Investments, Ltd., LLC in Salt Lake City, Utah; Sanguine, Inc. of Wilmington, Delaware; Ameriloan of Miami, Oklahoma; and Pack Management Group, Inc. of Carson City, Nevada.