Today, the FTC is sending out a second round of refunds to some of the people affected by a major payday lending scheme operated by AMG Services, Inc. that used names like 500FastCash, OneClickCash, Ameriloan, UnitedCashLoans, and USFastCash, among others. If you got an online payday loan from a company linked to AMG, you might be getting a check in the mail. If you do, cash it before August 17, 2022.
The FTC sued AMG for charging people way more for loans than they had originally agreed to pay and sent the first round of refunds in 2018. Now, the FTC is sending more than 690,000 refund checks totaling $152 million. Wondering if the check you got is real? Visit ftc.gov/amg to verify your check.
Here’s what to know:
- Checks will arrive automatically. You don’t need to apply or fill out a claim form.
- Checks expire on August 17, 2022, so don’t wait to deposit yours.
- To verify the check is from the FTC, go to ftc.gov/amg.
- For questions about your check or the refund process, call the administrator (Rust Consulting) at 1-866-730-8147, or email admin@AMGServicesRefund.com.
And remember that the FTC will never ask you to pay money or give your account info to get a refund. So, if someone asks you for something in exchange for your AMG refund check, that’s a scam. Report it at ReportFraud.ftc.gov.
