Obstacles to accountability. For a long time, payday loan providers have now been including non-negotiable mandatory arbitration clauses with class-action bans inside their form “agreements” with customers
Obstacles to accountability. For a long time, payday loan providers have now been including non-negotiable mandatory arbitration clauses with class-action bans inside their form “agreements” with customers Mandatory arbitration clauses with class-action bans In a few of history successes in the list above, the courts discovered these terms that are contractual and unenforceable Four years …. Read More
Report: Texas Payday Lenders and Prosecutors Form Teams to Criminally Pursue Borrowers
Report: Texas Payday Lenders and Prosecutors Form Teams to Criminally Pursue Borrowers A 71-year-old Austin great-grandmother, found herself in a financial crisis in March 2012, Margaret Jones. Her spouse had recently died, she’d destroyed a short-term task and she had been struggling to reside for a Social safety check of $1,160 every month. Jones, who …. Read More