Monday, December 31, 2012

Claim - Merchants Capital Access

Claim - Merchants Capital Access

- a cash award 
- a write-off of their account balance 
Claim - California, Merchants Capital Access
- a cash award and/or
- a write-off of their account balance on an outstanding merchant cash advance.

Issue:

  • The lawsuits claim that MCA’s merchant cash advances are really disguised loans at illegally-high interest rates.  
Affected Period:

  • December 8, 2007 - August 8, 2012

Compensation:
  • pay up to $900,000 in cash.
  • forgive at least $600,000 of account balances.
Claim Information:

File a Claim:
Contact Zach P. Dostart of Class Counsel via phone at (858)623-4200

or the

Claims Administrator by mail at P.O. Box 6177, Novato, CA 94948-6177

Deadline for filing a claim:
Postmarked by January 28, 2013

Good Luck.

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