The problem represented by predatory payday lending practices has been nationally recognized. Read more
In our work on behalf of consumers, lawyers in the firm come across defective products on a regular basis. In most of these cases, the manufacturers of the products know the dangers, but the... Read more
One would think the 2008 financial crisis and resulting recession would have caused financial institutions and other creditors to rein in risky and illegal lending practices. Indeed, Congres... Read more
Wells Fargo & Co. has been sued for biased lending by Cook County, Ill. The largest U.S. mortgage lender was accused of targeting black, Hispanic and female borrowers with predatory and... Read more
I can’t think of many industries that do as much damage to ordinary folks who have to borrow money than the payday and title lenders that prey on the most vulnerable citizens, trapping them... Read more
Unfortunately, payday lenders aren’t the only predatory lenders taking unfair advantage of Alabama citizens. I am reasonably sure most Alabamians have seen the numerous television ads tellin... Read more
The payday lenders operating in the U.S. have been allowed to take unfair advantage of persons who borrow money from them. While a relatively few states do a fairly good job of regulating th... Read more
Once again, an effort is being made in the Alabama legislature to reform the predatory lending practices of so-called “payday loans” and “title loans.” These lenders prey on the poor, offeri... Read more
At least six federal agencies including the Justice and Treasury departments are coordinating a broad probe of online payday lenders that charge enormous interest and fees to low-income borr... Read more
Several U.S. Senators are looking to eliminate the usurious interest rates often charged for various consumer loans. A recently introduced bill would cap the interest rate and fees charged f... Read more
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