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As to the Tullie case, Kassakhian said Cash Cow relied on a software program that did not accurately calculate the interest rate of the loans. Since Ms. Tullie filed the lawsuit, Quick Cash stopped charging the 25 loan fee, he said. Anybody can file a lawsuit whether it has merit or not, Kassakhian said. No court decision has been made regarding the Tullie class action case. Delgado chose not to answer questions about cash loans approved instantly lawsuit and the bankruptcy during a face to face interview.
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