Washington State Department of Financial Institutions

Consumer Alert:
Boulevard Cash d/b/a BlvdCash.com

Unlicensed Payday Lender

April 22, 2013

The Washington State Department of Financial Institutions (DFI) received a complaint from a consumer related to transactions entered into with Boulevard Cash d/b/a BlvdCash.com. The consumer alleged that she was charged excessive fees and interest when she obtained an online payday loan from Boulevard Cash. Additionally, Boulevard Cash sent the consumer’s account to collections without any notification from the company. Boulevard Cash is not licensed by DFI, and is not registered to conduct business in the State of Washington by either the Department of Revenue or the Secretary of State.

Boulevard Cash has been associated with the following address, website, email, and telephone number: 6237 Foothill Blvd., Tujunga, CA 91042; BlvdCash.com; support@BlvdCash.com; and 1-888-671-5812.

Boulevard Cash’s legal representative has indicated to DFI that the company is located in Belize and that it does not anticipate allowing consumers residing in Washington to obtain loans in the future.

Washington residents are advised that state law provides in RCW 31.45.105(1)(d) and (3) that a small loan made by an unlicensed entity to a person physically located in Washington is uncollectible and unenforceable in Washington State.

If you have a complaint against Boulevard Cash you can mail it to:

Boulevard Cash d/b/a BlvdCash.com
No 35 New Road, P.O. Box 2391
Belize City, Belize

Verify Licenses

DFI strongly recommends that consumers deal only with those lenders that are properly licensed to conduct business. Consumers can determine whether lenders are properly licensed using the "Verify a License" feature on the DFI’s website at www.dfi.wa.gov.

Payday Loan Collection Laws

Washington State law prohibits threatening or harassing behavior by individuals attempting to collect a debt. The federal Fair Debt Collection Practices Act states that debt collectors must send consumers a written notice within five days of the first collection phone call, stating the amount of the debt and what it relates to. Debt collectors cannot state or imply that failure to pay a debt is a crime. They cannot call before 8:00 a.m. or after 9:00 p.m. They cannot harass or abuse consumers, or contact consumers' places of employment.

Report Fraud

If you are suspicious of unlicensed activity by a payday lender please contact the Department of Financial Institutions at 1-877-RING-DFI (746-4334), or online at www.dfi.wa.gov.

If you feel you have been the victim of a loan scam please contact the Federal Trade Commission at 1-877-FTC-HELP (382-4357), or online at www.ftc.gov.

If you feel you have been the victim of a loan scam involving the Internet please contact the Internet Crime Complaint Center online at www.ic3.gov.

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