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FSST Economic Solutions, LLC Not Licensed In Washington

FSST Economic Solutions, LLC Not Licensed In Washington

The State of Arizona section of Financial Institutions (DFI) has gotten problems against FSST monetary solutions, LLC d/b/a Aspen Peak economic; furthermore d/b/a Integrity payday advances; furthermore d/b/a Rushmore Financial (hereafter labeled collectively as FSST Investment). Consumers reported that FSST economic recharged extreme charge and interest, will never provide people an installment cost prepare, threatened legal actions, and attempted to accept is the reason amounts within the amount borrowed.

The DFI obtained a grievance from an Arizona State customer of just what appears to be a potential business collection agencies . The consumer reported receiving threatening and harassing phone calls from people claiming to collect on an alleged financial obligation with stability Payday Loans. The individuals requested the consumer’s banking account suggestions and required your buyers pay the so-called loans or appropriate action would go ahead. The customer reported never obtaining a payday loan. Connections associated with the debt collection become Ron Patrick, Dustin Patrick, and Cindy Stanberg as “Office management” at these telephone figures: 3608883637 and 3609427419.

Furthermore, the DFI received an issue from another Washington State customers of exactly what seems to be another feasible debt collection . This consumer reported getting an online payday loan from Aspen Peak Financial, after which compensated it entirely. The consumer next started receiving harmful telephone calls by somebody claiming to gather from the paid personal debt. Individual threatened legal activity and possible imprisonment. The consumer reported this cell phone number as actually associated with the individual: 3604649559.

These facts are all alleged and also perhaps not started validated by the section.

It appears that FSST monetary might be operating as an unlicensed online tribal financial institution. FSST Investment states feel owned from the Flandreau Santee Sioux group, a federally-recognized Indian group located in Southern Dakota.

FSST Investment isn’t certified of the DFI and is also maybe not registered to do business in Arizona condition of the division of certification, the section of income, or even the Secretary of county.

FSST Financial functions a webpage at as well as and also at which reverts to and lists their email address as:

  • Ensure that the entity are certified. Customers can use the “Verify a licenses” ability on DFI’s website at to check whether a payday or customers loan company try approved to conduct business in county of Washington
  • Perhaps not provide any private information, such as for instance personal safety amounts or bank-account wide variety or accessibility in the event that providers isn’t certified or authorized to conduct business.
  • Take note that FSST Investment service, LLC d/b/a Aspen top monetary; additionally d/b/a ethics pay day loans; also d/b/a Rushmore Financial shouldn’t be mistaken for the subsequent firms registered to conduct business in county of Washington through the Secretary of condition, office of profits, and/or office of Licensing:

    Rushmore Mortgage Administration Services, Inc. 15480 Laguna Canyon Path Irvine, CA 92618

    Rushmore Solution Center, LLC 3820 N. Louise Avenue Sioux Falls, SD 57107

    Important info for Washington Customers About Unlicensed Loan Providers

    Arizona county citizens include wise that Arizona State laws provides in RCW 31.45.105(1)(d) and (3) that a “small mortgage” from an unlicensed organization (that is perhaps not or else excused from licensure) to a person actually based out of Washington State is uncollectible and unenforceable in Washington condition. A “small mortgage” is defined in RCW 31.45.073 as a loan that doesn’t surpass $700 and requires repayment between 7 and 45 period following mortgage is made. You should consider getting legal services to determine if for example the financing is actually collectable or enforceable in Arizona before making a decision never to pay. Arizona county residents with loans exceeding $700 are wise that Washington county legislation produces in RCW 31.04.035 that charge or interest recharged during the generating of a nonresidential financing by an unlicensed lender ought to be paid back towards debtor.