Online Pawn Shops May Charge Excessive Interest Rates

Last Updated on January 11, 2022

Important Information

Attorneys working with ClassAction.org are no longer investigating this matter. The information here is for reference only. A list of open investigations and lawsuits can be viewed here.

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At A Glance

This Alert Affects
Anyone who received a loan from Borro.com.
Damages
The loan principal (the amount of the loan) and the excessive interest on the loans; pawned items or their equivalent value.
Company(ies)
Borro.com and other online pawn brokers.
Additional Details
Borro.com allegedly does not follow state laws that protect consumers from harmful predatory practices.