SF city attorney’s office has learned through the court process that many borrowers are medium-income families and that installment loans are popular with your constituency. Check ‘n Go’s customer base is in the Central Valley, Greater Los Angeles, Sacramento, San Jose and San Francisco areas. And since these refunds are for borrowers who took out loans online, they truly are all over California–even in cities without brick and mortar stores.
These refunds could be up to $4,600 each and at this time of year that money could really be used by California families.
A web site dedicated to this settlement that has all the details and background:www.CALoanRefund.org
Over the next weeks they will also be adding tools to help you spread the word under the “How to Help” tab on the website. Also, if you know of other organizations I should reach out to please let me know, or simply forward on this email. They need all the community partners possible.