Online Pawn Shops May Charge Excessive Interest Rates

January 8, 2014

Important Information

Attorneys working with ClassAction.org are no longer reviewing claims for this case. The information here is for reference only. A list of open investigations 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.