On the web Payday Loan Lawsuits for Prohibited Lending

Lawyers using the services of ClassAction.org are no longer investigating this matter. The details the following is for guide just. A summary of available investigations and legal actions can here be viewed.

At A Glance

Course action legal actions are now filed against online payday lenders over claims that the businesses are recharging interest that is excessive – often as much as 800% – in breach of state and federal rules. Keep reading to find out more.

Exactly Why Are On The Web Payday Lenders Getting Sued?

State laws cap loan rates of interest at particular percentages to lessen predatory lending. [Read more...]