Speedy Cash Excessive Rate of Interest on Loans California Complaint

October 14, 2021

States sometimes limit the amount of interest lenders can charge for their loans. The complaint for this class action brings suit against Speedy Cash, alleging the company charges more interest than is permitted under the California Financing Law and for violating other state laws. It claims Speedy is “preying on California consumers with usurious loans and unfair collection practices.”