fbpx
News
March 28, 2013

Stop Predatory Lending to Plaintiffs

“It’s time to take the bite out of lawsuit loan-sharking,” writes Chip Hough in theCorpus Christi Caller.  Predatory lending to plaintiffs, often advertised as “quick and easy,” is on the rise, and the cost of the loan can end up exceeding any expected awarded judgment due to compounding interest and hidden fees.  Additionally, lawsuit lenders are not subject to the same regulations as other lenders, allowing them to charge interest rates as high as 150%. 

litigation funders, beach scene Blog Sun, Sea, but no Sand(box) for Florida Lawsuit Investors Lawsuit Lending, Third Party Litigation Funding (TPLF) News New Blog: Funders And Claimants’ Lawyers Continue To Feast On Class Members’ Compensation International Initiatives, Lawsuit Lending, Third Party Litigation Funding (TPLF) News Study: Mass Tort Plaintiffs Paying Dearly For Loans, Regulation Needed Lawsuit Lending, Mass Tort Multidistrict Litigation, Third Party Litigation Funding (TPLF) Video 2019 Lawsuit Climate Survey: Press Video Lawsuit Lending Video 2019 Lawsuit Climate Survey Ranking the States Videos Lawsuit Lending

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings