Online Payday Loan Lawsuits for Illegal Lending

October 12, 2017

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:
People who have taken out payday loans online.
What’s Going On?
A number of lawsuits have been filed against online payday lenders for allegedly charging excessive interest rates – in some cases up to 800%.
How Could Lawsuits Help?
A court could order any illegal loan void and unenforceable, and borrowers may be able to get back interest they paid in excess of the legal limit.