Illinois man accuses online tribal lenders of predatory lending
Posted onAuthorLucas J. CarrowComments Off on Illinois man accuses online tribal lenders of predatory lending
By Victoria McKenzie (January 26, 2022, 8:44 PM EST) – An Illinois debtor has filed a class action proposal against a group of online tribal loan companies for allegedly issuing illegal high-interest loans , adding to a trend of similar complaints across the country that accuse unscrupulous lenders of using the tribes as a mere front to gain immunity from lawsuits.
Joshua Kalkbrenner sued West Side Lending LLC and Wolf River Development Co. in federal court in Illinois on Tuesday, claiming the companies only claimed to be owned and operated by the Menominee Tribe of Wisconsin. But according to Kalkbrenner – as well as other borrowers who have sued tribal lenders in Illinois, Oklahoma, California…
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and more!
“If he who conspires to silence the poor had hands, the shame would be his thumbs.”— Julia K Dinsmore “I was in my late twenties and had a few jobs and wasn’t very financially secure,” said a Cranston resident Kieran Wilder in a phone call with UpriseRI. “Honestly, I had never heard of these payday […]
PITTSBURGH (KDKA) — Most Americans don’t have the cash to cover a $1,000 emergency expense, according to a new study. Americans are simply not saving as much as they need to. READ MORE: COVID-19 in Westmoreland County: Medical Leaders Highlight Promising Statistics Suppose your car needs emergency repairs, or a family member is rushed to […]
google started the week with another complaint. This time it’s a group of German publishers and advertisers calling on the European Union (EU) to halt the search giant’s plan to end the use of third-party cookies, The Financial Times Dworn on Monday (January 24). Political Editor Axel Springer and hundreds of publishers, advertisers and media […]