Loans
US Bank Credit Cards Issued Without Customer Request Class Action
This class action against US Bank, NA alleges that the bank pressured its employees to make sales of financial products, and that this pressure resulted in employees issuing credit cards to customers who had not requested them. The complaint alleges that these issuances violate the Truth in Lending Act (TILA) and Regulation Z. Read moreLoans
Allied Interstate Debt Total, Statute of Limitations Utah FDCPA Class Action
The Fair Debt Collection Practices Act (FDCPA) was passed to prevent abuses in the debt collection industry and to ensure that collectors that do not commit abuses are not disadvantaged. The complaint for this class action alleges that Allied Interstate, LLC violated the FDCPA in two ways: in naming a current total amount of the Read moreLoans
Crane Finance “Rent-a-Tribe” Predatory Lending Indiana Class Action
Crane Lending, LLC does business as Crane Finance, making loans at high rates of interest. The complaint brings suit against Crane, the individual Jennifer Peters, and Wolf River Development, alleging that Crane is a predatory lender that uses a rent-a-tribe scheme to circumvent Indiana laws capping interest rates on consumer loans. Read moreLoans
West Side Lending Predatory Rates of Interest Illinois Class Action
This Illinois predatory lending case sues West Side Lending, LLC, Jennifer Peters, Wolf River Development Company, New Platform Fund, LLC, and a group of “Does” or individuals whose names are not known. The complaint alleges that the predatory lending was done under cover of a “rent-a-tribe” scheme, but that the actual operations were performed by, Read moreLoans
Dave App Cash Advances High Borrowing Costs Class Action
Dave, Inc. provides the Dave app, which lets people “get paid early,” advancing them up to $250, purportedly without charging them a fee. But the complaint for this class action alleges that Dave is skirting lending regulations “through a linguistic trick: calling the payments to use its service ‘tips,’ ‘express fees,’ and a ‘subscription fee,’ Read moreLoans
Bridge Lending “Rent-a-Tribe” High-Interest Loans Indiana Class Action
This class action involves two payday-loan-related companies purportedly owned and operated by a Native American tribe—Biboon, LLC, which does business as Bridge Lending Solutions, and LDF Holdings, LLC. The complaint alleges that these actually represent “rent-a-tribe” business arrangements intended to circumvent Indiana usury laws. Read moreLoans
Ally Financial Hours Permitted for Communications FCCPA Class Action
This class action brings suit against Ally Financial, Inc. under the Florida Consumer Collection Practices Act (FCCPA), alleging that Ally, in its capacity as a debt collector, communicated with alleged consumer debtors outside of the hours permitted under the law. Read moreLoans
LendingClub Loans Circumvent Pennsylvania Lending Laws Class Action
LendingClub Corporation is a non-bank lender that makes loans to consumers. The complaint for this class action alleges that it violates Pennsylvania law by charging consumers excessive interest and fees not permitted by the Loan Interest Protection Law (LIPL), the Consumer Discount Company Act (CDCA), and the Unfair Trade Practices and Consumer Protection Law (UTPCPL). Read moreLoans
Shellpoint Mortgage Servicing Failure to Cancel PMI Class Action
NewRez, LLC services mortgages as Shellpoint Mortgage Servicing. The complaint for this class action alleges that the company has charged mortgage customers for private mortgage insurance (PMI) premiums, even after the PMI has terminated. The complaint claims Shellpoint has violated the Homeowners Protection Act (HPA) and Illinois state laws and breached its contracts with customers. Read moreLoans
Kabbage Slow Forgiveness on PPP Loans Class Action
As part of the efforts to help individuals and companies affected by Covid-19 pandemic, the government instituted a Paycheck Protection Program (PPP), administered by the Small Business Administration (SBA). This class action brings suit against Kabbage, Inc. and K Servicing, for not keeping up with processing PPP loan forgiveness applications. Read moreLoans, Government Programs or Benefits
