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US Bank Logo on Top of Building

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 more

Loans
Your Bank, TILA, Regulation Z, Credit Cards
Ball and Chain Labeled "Debt"

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 more

Loans
Unlawful Debt Collection, Misrepresentation or Omission re Time-Barred Debt, Misleading or Confusing Debt Collection Letter, Amount of Debt
Loan - Lender Handing Cash and Pen to Borrower

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 more

Loans
Tribal Sovereignty Issue, Payday Loans, Excessive Interest Rate
West Side Lending Name and Logo

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 more

Loans
Tribal Sovereignty Issue, Predatory Lending, Excessive Interest Rate
Dave App Bear Character

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 more

Loans
Unfair Business Practices, TILA, Fraud, Deceptive Advertising
Loan - Lender Handing Cash and Pen to Borrower

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 more

Loans
Tribal Sovereignty Issue, Payday Loans, Excessive Interest Rate
Figure Carrying Word DEBT on Back

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 more

Loans
Unlawful Debt Collection, Contacting Consumer Debtor After Hours
LendingClub Office

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 more

Loans
Non-Bank Lender, Loan-Related Unfair Practices, Excessive Interest Rate
Shellpoint Mortgage Servicing Building

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 more

Loans
Servicing Your Mortgage, Private Mortgage Insurance, Mortgage-Related Unfair Practices, Breach of Contract
Kabbage Name and Logo

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 more

Loans, Government Programs or Benefits
Provisions of Government Programs, Loan Servicing, Loan Forgiveness, Covid-19 Related