CashCall borrowers to begin receiving their share of $9M settlement

More than 9,000 Virginia borrowers who were harmed by a "rent-a-tribe" predatory lending scheme soon will receive checks averaging $982 as part of a settlement totaling $9.435 million negotiated by Virginia Attorney General Herring and class action litigants.

Eligible borrowers include those from whom CashCall, Inc. collected excessive interest on loans. Check distribution began Sept. 5, and affected borrowers should receive their checks in the coming weeks.

"Predatory lenders like CashCall plague the most vulnerable Virginia consumers-those forced to resort to high-interest loans to pay for basic necessities like groceries or rent," Herring said. "Settlements like this send a clear message that my team and I will not allow lenders to deceive, defraud, or abuse Virginians, and we'll hold those accountable that do. Borrowers who qualified for the settlement should be on the lookout for their settlement checks and can contact the Settlement Administrator with any questions."

CashCall agreed to settle claims that it illegally deceived borrowers and collected illegal interest of up to 230 percent on online loans made in amounts of between $700 and $10,000. The settlement, which was filed as a Stipulated Final Judgment and Order in the U.S. District Court for the Eastern District of Virginia, resulted in $9.435 million in restitution to approximately 9,602 Virginia consumers who were charged illegal interest, an estimated $5.9 million in debt relief, and credit reporting corrections for affected borrowers.

The settlement, secured by the Predatory Lending Unit of Herring's Consumer Protection Section, also required payment of $100,000 in civil penalties and attorneys' fees to the commonwealth. The settlement was finalized in coordination with a pending Virginia class action settlement in the same court.

As part of the settlement, a settlement administrator notified all borrowers who made loans with CashCall through its "Western Sky" loan program that they may be entitled to restitution. Those borrowers whose claims were approved by the settlement administrator will receive a check. All borrowers who still have questions are encouraged to call the settlement administrator at 1-855-470-8532 or to visit the settlement website at http://www.vacashcallsettlement.com.

For consumer-related inquiries, call the Consumer Protection Hotline at (804) 786-2042.
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Henrico Master Gardener training program accepting applications through Oct. 27


The Henrico County Office of Virginia Cooperative Extension is accepting applications for its next volunteer Master Gardener training program, which provides instruction in all aspects of horticulture.

Applications for the 2018 training program will be accepted through Friday, Oct. 27. Classes will be held from 9 a.m. to 12:30 p.m. Tuesdays and Thursdays from Jan. 16 through March 22. > Read more.

Henrico Schools to host Oct. 30 job fair


Henrico Schools will host a job fair Oct. 30.

The event, to be held from 10 a.m. to 2 p.m. at the Fairfield branch library, is designed to attract potential full-time and substitute registered nurses, instructional assistants, bus drivers and school nutrition workers. > Read more.

Henrico Police to participate in ‘Tip a Cop’ Oct. 21


Henrico County Police Division and the Virginia Division of Capitol Police are participating in “Tip-A-Cop” to Support the Special Olympics Saturday, Oct. 21.

From 11 a.m. to 2 p.m. and 5 p.m. to 9 p.m. that day at Red Robin, 11784 West Broad Street, members of the two agencies will be working for tips as a donation to the Special Olympics. > Read more.

Participants sought for ‘Walk to End Alzheimer’s’


The Richmond Walk to End Alzheimer’s will be held Saturday, Nov. 4, at Markel Plaza in Innsbrook, and the Alzheimer's Association of Greater Richmond is seeking participants.

The event, one of three walks the association will hold in its service area this year (the Middle Peninsula-Northern Neck walk was held Oct. 7 and the Fredericksburg walk Oct. 14) raises money to help the association fight the disease, which affects more than 26,000 people in the metro Richmond region. > Read more.

Fairfield meeting Oct. 25 to focus on cybersecurity


Henrico County Board of Supervisors Vice Chairman and Fairfield District Supervisor Frank J. Thornton will hold a constituent meeting Wednesday, Oct. 25 to discuss cybersecurity.

Thornton also has invited candidates who will be seeking election to local offices on Tuesday, Nov. 7 to introduce themselves. > Read more.

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