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Jan 2, 2016 When Williams fell behind on his CashNet loan, the company began debiting his bank account, court documents said. Virginia Legal Aid Society, Inc. Attorney Jeremy White filed a lawsuit in August against CashNet on Williams' behalf. White said 40 percent of his caseload involves title and payday loans.

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What is a "payday loan?" Payday loan, cash advance, or check advance loan are commonly used phrases to describe what Michigan law refers to as a "deferred presentment service transaction." For the purposes of this Consumer Alert, we will refer to deferred presentment service transactions as "payday loans." One who