The State of Washington Department of banking institutions (DFI) has received problems against FSST Financial service, LLC d/b/a Aspen Peak economic; also d/b/a stability Payday Loans; furthermore d/b/a Rushmore monetary (hereafter labeled collectively as FSST Investment). Buyers reported that FSST Investment charged higher charge and interest, wouldn’t normally offer people an installment fees prepare, endangered legal actions, and made 
an effort to settle accounts for amount around loan amount.
The DFI gotten a problem from an Arizona county customers of exactly what seems to be a possible business collection agencies con. The consumer reported getting intimidating and harassing phone calls from individuals claiming to collect on an alleged obligations with ethics pay day loans. The people required the consumer’s banking account ideas and required that the customer cover the alleged loans or legal action would proceed. The customer reported never ever obtaining a payday loan. Connections associated with the business collection agencies con include Ron Patrick, Dustin Patrick, and Cindy Stanberg as a€?Office Managera€? at these phone rates: 360*888*3637 and 360*942*7419.
Additionally, the DFI got a complaint from another Washington county consumer of what is apparently another possible business collection agencies fraud. This customer reported getting a payday loan from Aspen Peak economic, and then compensated it in full. The consumer subsequently started getting harmful telephone calls by an individual claiming to gather about paid off obligations. The individual threatened appropriate actions and possible imprisonment. The buyer reported this cell phone number as being linked to the individual: 360*464*9559.
It seems that FSST monetary may be operating as an unlicensed internet based tribal financial institution. FSST economic states end up being owned from the Flandreau Santee Sioux group, a federally-recognized Indian Tribe based in southern area Dakota.
FSST Monetary Providers, LLC Maybe Not Approved In Arizona
FSST economic isn’t accredited by DFI and is perhaps not authorized to conduct business in Washington State from the section of certification, the Department of earnings, or perhaps the Secretary of condition.
FSST Investment operates web site at [aspenpeakfinancial] and also at [rushmorefinancial.net] and also at [integritypaydayloans], which reverts to [ipltoday], and details their email address as:
FSST Investment Services, LLC d/b/a Aspen Peak Monetary P.O. Container 283 Flandreau, South Dakota 57028 Phone: 877*460*2938 Fax: 888*582*6059 [
- Ensure that the organization try certified. Customers can use the “confirm a permit” feature on DFI’s internet site at dfi.wa.gov to check whether a payday or buyers loan company is actually approved to conduct business when you look at the State of Arizona
- Maybe not incorporate any information that is personal, such as for instance personal safety number or bank-account numbers or access in the event the team is certainly not certified or authorized to conduct business.
Please be aware that FSST Investment providers, LLC d/b/a Aspen top monetary; additionally d/b/a stability payday advance loan; also d/b/a Rushmore monetary should not be confused with the following enterprises approved to conduct business during the condition of Washington through the assistant of county, office of Revenue, and/or section of Licensing:
Important info for Washington People About Unlicensed Loan Providers
Washington State customers are well informed that Washington condition law provides in RCW 31.45.105(1)(d) and (3) that a a€?small loana€? produced by an unlicensed entity (which is perhaps not otherwise exempt from licensure) to people literally based in Washington State is actually uncollectible and unenforceable in Washington condition. A a€?small loana€? is identified in RCW 31.45.073 as that loan that does not surpass $700 and needs payment between 7 and 45 times following the loan is made. You should look at acquiring legal counsel to determine in the event the financing are collectable or enforceable in Washington before deciding not to ever shell out. Arizona State customers with debts exceeding $700 are well informed that Washington condition legislation supplies in RCW 31.04.035 that charge or interest energized into the generating of a nonresidential mortgage by an unlicensed lender must certanly be returned into debtor.