updated 3/25/2011 2:18:13 PM ET 2011-03-25T18:18:13

SEATTLE, March 25, 2011 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) announces its investigation of possible claims against Washington State payday lenders Checkmate and Cash 1, LLC, among others, for alleged deceptive practices related to payday loans issued to borrowers in the form of gift cards.

The investigation focuses on the various lenders' alleged attempts to evade Washington's legal limits on payday loans by structuring the loans in the form of gift cards to retailers such as Safeway, Fred Meyer, Wal-Mart and others. These gifts card "loans" are called "retail installment loan programs" and "revolving charge agreements" and are marketed as an alternative to payday loans, and result in borrowers paying excessive finance charges and late fees.

Keller Rohrback is also investigating the payday loan practices of the following payday lenders, among others:

Advance America Check Masters
Cash AdvantEdge Money Mart
Cash 1 LLC Moneytree
Check Into Cash SuperPawn
Checkmate  

If you received gift cards from payday lenders, have received loans totaling over $700, have taken out more than 8 loans in a 12-month period, or if you have fallen behind in your payments and have not been offered a no-cost payment plan, or have relevant information please contact paralegal Annie Kent or attorneys Laura Gerber or Lynn Sarko at 800.776.6044 or via email at info@kellerrohrback.com.

Keller Rohrback, with offices in Seattle, Phoenix, Santa Barbara and New York, is committed to helping victims of improper consumer practices.

Attorney Advertising.  Prior Results Do Not Guarantee A Similar Outcome.

CONTACT: Keller Rohrback L.L.P.
         Annie Kent, Paralegal
         (800) 776-6044
         info@kellerrohrback.com
         www.krclassaction.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 5.04%
$30K home equity loan FICO 5.23%
$75K home equity loan FICO 4.66%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.28%
13.27%
Cash Back Cards 17.74%
17.72%
Rewards Cards 17.01%
16.98%
Source: Bankrate.com