A bill introduced last week in the California State Assembly could change the consumer lending landscape in California considerably....more
Resolving an ambiguity in the California Finance Lender's Law (CFLL), the California Supreme Court unanimously held that borrowers may use the unconscionability doctrine to challenge the interest rate on consumer loans of...more
8/17/2018
/ Ability-to-Repay ,
CA Supreme Court ,
CashCall ,
Consumer Financial Products ,
Consumer Lenders ,
Finance Lenders Law ,
Financial Services Industry ,
High-Interest Loans ,
Interest Rates ,
State and Local Government ,
Unconscionable Contracts ,
Unfair Competition Law (UCL)
A debt collector cannot avoid claims under the Fair Debt Collection Practices Act (FDCPA) by purchasing the debtor's lawsuit, according to a recent opinion from the U.S. Court of Appeals for the Ninth Circuit. ...more
After the U.S. Supreme Court's decision in Spokeo, Inc. v. Robbins last year, many defendants have perceived the assertion of a standing argument as a potential panacea when confronted with federal statutory claims in which...more
3/2/2017
/ Article III ,
Attorney's Fees ,
Class Action ,
Corporate Counsel ,
Dismissal With Prejudice ,
FACTA ,
Financial Institutions ,
Financial Services Industry ,
Injury-in-Fact ,
Motion to Remand ,
Removal ,
Spokeo v Robins ,
Standing