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Complaint alleges cash advance app Klover levies illegally high interest rates on its users

Complaint alleges cash advance app Klover levies illegally high interest rates on its users
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Third Circuit Rules Pennsylvania Consumer Discount Company Act Does Not Regulate Collection of Charged-Off Debts | Ballard Spahr LLP

On February 7, 2024, the U.S. Court of Appeals for the Third Circuit affirmed the district court’s Order granting a motion for judgment on the pleadings and holding that a charged-off.

Class action plaintiffs who alleged that lender violated cap on interest rates refuse arbitration compulsion

ERIE – A pair of in-state plaintiffs who alleged that a Delaware-based lender has violated Pennsylvania guidelines setting a cap on interest rates, are now rejecting an attempt to have their class action litigation against that same lender sent to arbitration.

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