Litigation
Aug. 6, 2014
Rare class action against lender moves toward Northern District trial
A rare claim that tests a lender's ability to levy nearly 100 percent interest rates on its customers has cleared a path for trial in the Northern District.
Daily Journal Staff Writer
SAN FRANCISCO - A rare claim that tests a lender's ability to levy nearly 100 percent interest rates on its customers has cleared a path for trial in the Northern District.
The class action accuses CashCall Inc. of imposing "extremely high" interest rates on needy consumers who accept loans from the Anaheim-based company because they are desperate for cash. Last week, U.S. Magistrate Ju...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In