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Middlemen for Payday Lenders Under Fire. A spokesman for MoneyMutual declined to the touch upon the suit.

Middlemen for Payday Lenders Under Fire. A spokesman for MoneyMutual declined to the touch upon the suit.

Federal and state officials are wearing down on businesses offering delicate and customer that is painful information to pay day loan providers, the front side that is latest in a regular battle to regulate high-cost loans.

Once you glance at the latest salvo, Illinois Attorney General Lisa Madigan filed case Monday against a small business that functions as a middleman between clients shopping for loans and pay day loan providers, a number of that the prosecutor alleges aren’t certified doing business in to the state.