Washington State Department of Financial Institutions

Consumer Alert:
TLC Fast Cash

Not Licensed To Offer Payday Loans In Washington

January 5, 2011

The Washington State Department of Financial Institutions is warning consumers to verify the license of any lending professional they are considering doing business with.

It has been reported that TLC Fast Cash a/k/a tlcfastcash.com is offering online payday loans for which consumers authorize repayment from their checking accounts.

The company is not licensed by the Washington State of Department of Financial Institutions. The company is not registered to do business in Washington by either the Department of Revenue or the Washington Secretary of State.

If You Feel You're A Victim

If you feel you have been a victim of a loan scam, please contact the Federal Trade Commission at 1-877-FTC HELP (382-4357), or online at www.ftc.gov. Because the scammers have access to bank account information and social security numbers, victims should consider themselves victims of identity theft and take appropriate precautions. The Federal Trade Commission has information for victims of identity theft available online at www.ftc.gov.

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