Usury laws set limits on the amount of interest lenders can charge on loans and are typically set at the state level. There ...

On March 11, a class action lawsuit was filed in the Philadelphia County Court of Common Pleas against a financial technology company offering ...

Under CPLR 3213, a plaintiff can move for summary judgment in lieu of complaint which, under the right circumstances, serves as a useful tool to ...

Indiana’s General Assembly is sending a clear message to working Hoosiers: Get ready for severe exploitation. House Bill 1174, passed by the House and currently in the Senate, raises the cost of ...

Auto loan interest rates can vary significantly between states because each state sets its own usury laws, or caps on the interest a lender can charge. The ceiling on the interest rate you could ...

If signed, any loan made in conjunction with a fintech over the 12% usury cap could be subject to a voiding penalty. The American Fintech Council in a letter today urged Governor Youngkin to veto the ...