Moneytree
Moneytree, Inc. is a retail financial services provider headquartered in Seattle, Washington, with branches in Washington, California, Colorado, Idaho, Nevada, and British Columbia. Moneytree offers Installment Loans, prepaid debit cards, money orders, bill payment, Western Union transfers, online payday loans, auto equity or title loans. In 2013, Moneytree won "Best Place to Work in Colorado" in the small business category.[3]
 | |
| Private | |
| Industry | Financial services |
| Founded | October 31, 1983 |
| Headquarters | Seattle, Washington, United States |
Number of locations | 121 stores |
Area served | United States |
Key people | Dennis Bassford (CEO) |
| Services | Financing |
Number of employees | 980 (2013) |
| Website | www |
| Footnotes / references [1][2] | |
A Moneytree store in Lake City, Seattle (closed as of October 2015).
Criticism
In 2016, the Consumer Financial Protection Bureau fined MoneyTree $505,000 for deceptive advertising and collections practices.[4] The fine consisted of a consumer refund of $255,000, and a civil penalty of $250,000.[5]
References
- "BBB Business Review: Contact Information". BBB. Retrieved 8 February 2012.
- Myke, Folger (July 2009). "Treating Them Right". Seattle Business Magazine. Retrieved 8 February 2012.
- "Best Companies to Work for 2013"
- Hayashi, Yuka (2016-12-16). "CFPB Fines Payday Lender Moneytree for Deceptive Advertising, Collection Practices". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-05-04.
- "CFPB Takes Action Against Moneytree for Deceptive Advertising and Collection Practices". Consumer Financial Protection Bureau. Retrieved 2020-05-04.
Further reading
- Brunner, Jim (March 3, 2015). "Moneytree leads push to loosen state's payday-lending law". The Seattle Times. Retrieved October 9, 2016.CS1 maint: ref=harv (link)
External links
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