Posts Tagged ‘All American Check Cashing’

Payday lender expects clean bill from regulators

All American Check Cashing owner Michael Gray expects the Mississippi Department of Banking to renew his check cashing store license at the end of this month and close its investigation into illegal payday loan rollovers with no finding of wrongdoing. Gray, in his first public comments since state regulators raided more than a dozen of […] [...]

Payday lender, fired executive exchanging blame for lender’s regulatory woes

Lawyers for payday lender All American Check Cashing and a fired executive of the Madison company are trading accusations of criminal activity. All-American blames the former executive for the hot water it is in with state regulators; the out-of-work executive alleges the company fired him for not participating in illegal activities that included under-the-table payments […] [...]

SPECIAL REPORT: Lawmakers await feds’ move to repair payday lending flaws

by Published: August 11,2014

Tags: All American Check Cashing, Business, Madison, Mississippi

The chairs of Mississippi’s legislative committees with jurisdiction over payday loans concede the state’s 2012 Check Cashing Act may need some repairs. But with the federal government set to take control of payday lending rules, doing the fixes now could be a waste of time, they say. “I’m waiting to see what they do,” said […] [...]

SPECIAL REPORT: Training emphasized way to double fees on loans for All American Check Cashing

by Published: August 11,2014

Tags: All American Check Cashing, banking, Business, Madison, Mississippi

Just how does a payday lender get double fees off a $200 payday loan to a borrower who is paid monthly? The answer is in an October 2012 training document prepared by Madison’s All American Check Cashing and is part of a practice that has the company in hot water with state regulators. Central to […] [...]

MBJ July 25th Digital Edition

[...]

Under state probe, All American Check Cashing gets ‘F’ rating from Better Business Bureau

All American Check Cashing’s refusal to answer complaints has led the Better Business Bureaus in Mississippi and Alabama to give grades of “F” to the Madison payday lender that the Mississippi Department of Banking & Finance says did loan rollovers that violated state law. The Department of Banking & Finance put All American Check Cashing […] [...]

State regulators probe All American Check Cashing on suspicion of violating loan rollover law

Madison payday lender All American Check Cashing is under a “cease and desist” order after refusing to let examiners from the Mississippi Department of Banking and Finance review its records for signs of illegal lending. The order followed a state raid on 15 of the company’s 41 Mississippi stores, a former executive of All American […] [...]

All-American Check Cashing – Best Places to Work 2014

THIRD PLACE WINNER OF MEDIUM CATEGORY With its motto of “Building relationships with our customer from the moment they walk in the door,” All American Check Cashing is a short-term lender providing quick access to money in the form of payday advances and title loans. Founded in 1999 by president Michael Gray, the company has […] [...]

All American buys more stores, enters Alabama market

MADISON — All American Check Cashing has expanded its payday and title loan services into Alabama with the acquisition and purchase of five retail stores. Terms were not disclosed. The retail stores located in Bessemer, Clanton, Millbrook, Prattville and Selma, Ala., will bring the total of All American’s stores to 50. All retail stores acquired […] [...]

All-American opens new store in South Mississippi

MADISON and COLLINS — All American Check Cashing has opened a new retail store in Collins. It offers local customers both payday and title loan products. “The Collins location will increase our presence in Mississippi and expand our customer base in southern Mississippi,” said Michael Gray, president of All American Check Cashing. “With locations in […] [...]

Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments