Blog: CashCall says federal regulators are looking for a ‘do over’ by appealing tribal lending case

The bureau sued CashCall in 2013, alleging that the company — through another firm, Western Sky, based on tribal land in South Dakota — made hundreds of millions of dollars in loans at interest rates that sometimes topped 300% and were illegal in many states. In the case filed in federal court in Los Angeles, the bureau argued that, by collecting on those loans, CashCall had engaged in an unfair, deceptive or abusive practice in violation of federal consumer protection law.