Marion Payday Lender Loses Its License

(Marion, IL) — A Metro East payday lender has lost its license. The Illinois Department of Financial and Professional Regulation revoked the license Thursday belonging to Marion Quick Cash Inc. A dispute surfaced in 2010 when a customer complained that he was arrested for not making a payment on a 300-dollar loan. The borrower said he was released on 300-dollars bail and the money was turned over to Marion Quick Cash. The state issued a subpoena for Quick Cash records as part of an investigation, which were never handed over, so its license was taken.