Payday lender refund program nearing end

An outreach effort targeting Check ’n Go borrowers in California whose online installment loans at high interest rates may entitle them to repayments for interest, fees and finance charges is nearing its end.

The refund program, which ends March 28, is among the terms of an agreement San Francisco City Attorney Dennis Herrera negotiated with the payday lender in June. Check ’n Go has agreed to commit as much as $4.3 million toward restitution as part of that settlement, with refunds expected to range from $20 to more than $4,600 for each eligible claimant.

Check ’n Go claimants may be qualified for restitution if they obtained a four-month installment loan online between November 2006 and June 2008 through the websites www.checkngo.com, www.ilp.fbdel.com or www.commandloans.com.

To be eligible for repayment, borrowers must mail a claim form and a copy of the required form of identification to the settlement administrator, postmarked by March 28.

Claimants who think they may be qualified for restitution should go online, email or call. For more information: www.caloanrefund.org, email CALoanRefund@sfgov.org or call (855) 581-2350. Check ’n Go has locations in Modesto, Turlock, Sonora and Manteca.