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

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