EAST ST. LOUIS - Katherine Schnefke of Edwardsville, who last year settled a claim that online lender First Loan charged 777% interest, filed another claim last week that online lender Avail Blue charged 712%.
EAST ST. LOUIS - Online lender Stanley Chao of Orlando, facing a class action complaint that he charged 677% interest under a false cover of tribal immunity, settled with borrower Katherine Schnefke of Edwardsville in two months.
EAST ST. LOUIS – Online lender Stanley Chao of Orlando collects illegal interest under a false cover of tribal immunity, Katherine Schnefke of Edwardsville alleges at U. S. district court.
EAST ST. LOUIS – Online lender Stanley Chao of Orlando collects illegal interest under a false cover of tribal immunity, Katherine Schnefke of Edwardsville alleges at U. S. district court.
Stanley Chao was previously executive vice president at U.S. chipmaker Kingston Technology and is the author of "Selling to China: A Guide for Small and…