Reuters: California case could deal blow to high-interest online lenders
Originally appearing in Reuters on Aug. 31, 2023, Jody Godoy interviews Lauren Saunders for coverage of a California case against an online lender offering small loans at over 150% interest violates state law that would deal a blow to finance companies that profit from cash-strapped borrowers. California’s fight with OppFi could set an example for…
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