Regional News

Western Sky Financial Ordered to Stop Doing Biz in Oregon

The State of Oregon is ordering Western Sky Financial to stop doing business here and fined the company $17,000.  Van Pounds, with the Oregon Division of Finance and Corporate Securities, says the South Dakota based company was charging excessive interest rates and they have received seven complaints.  Western Sky is also not registered to make loans in Oregon.  Pounds says that before you take out a loan with a company you can check them out at the Consumer and Business Services website.

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