FTC to send out second round of refunds from

The Federal Trade Commission is sending out a second round of refunds to people affected by a major payday lending scheme operated by AMG Services, Inc. that used names like 500FastCash, OneClickCash, Ameriloan, UnitedCashLoans, and USFastCash, among others. If you received an online payday loan from a company linked to AMG, you may be getting a check in the mail. If you do, you must cash it before August 17, 2022.

The FTC sued AMG for charging people more for loans than they had originally agreed to pay and sent the first round of refunds in 2018. The FTC is now sending more than 690,000 refund checks totaling $152 million.

Here’s what to know: Checks will arrive automatically. You don’t need to apply or fill out a claim form. Checks expire on August 17, 2022. To verify the check is from the FTC, go to AMG Services Refunds | Federal Trade Commission (ftc.gov). For questions about your check or the refund process, call the administrator (Rust Consulting) at 1-866-730-8147, or email admin@AMGServicesRefund.com.