FFL Partners – Speedy Cash/ Rapid Cash

The document details the acquisition of Curo Financial Technologies by FFL Partners and highlights the predatory lending practices of its brands, Speedy Cash and Rapid Cash. It cites high annual percentage rates of up to 729%, regulatory sanctions in California for excess fee collection, and a high volume of lawsuits filed against customers in Missouri.

• Curo Financial Technologies, which operates as Speedy Cash and Rapid Cash in the US, has charged some customers annual percentage rates (APR) as high as 729%.
• In October 2008, California regulators issued a Desist and Refrain Order to Speedy Cash after it was found to have collected $106,614 in excess bank fees from 5,291 customers, $14,812 in excess of loan agreements from 65 customers, and $1,385 in non-sufficient fund fees from 76 customers.
• Between January 2009 and September 2013, Speedy Cash filed over 9,300 lawsuits against customers in Missouri, which was more than double the amount filed by any other payday lender in the state, despite only having six locations there at the time.

APA

Private Equity Stakeholder Project (2017). FFL Partners – Speedy Cash/ Rapid Cash. https://pestakeholder.org/reports/ffl-partners-speedy-cash-rapid-cash/

Chicago

Private Equity Stakeholder Project. FFL Partners – Speedy Cash/ Rapid Cash. 2017. https://pestakeholder.org/reports/ffl-partners-speedy-cash-rapid-cash/.

Wikipedia

{{cite report |author=Private Equity Stakeholder Project |title=FFL Partners – Speedy Cash/ Rapid Cash |date=11 December 2017 |url=https://pestakeholder.org/reports/ffl-partners-speedy-cash-rapid-cash/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{privateequitystakeholderproject2017ffl, author = {{Private Equity Stakeholder Project}}, title = {{FFL Partners – Speedy Cash/ Rapid Cash}}, institution = {Private Equity Stakeholder Project}, year = {2017}, month = dec, url = {https://pestakeholder.org/reports/ffl-partners-speedy-cash-rapid-cash/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }