DC Sues Wage Advance Co. For 'Predatory Lending'
DC Sues Wage Advance Co. For 'Predatory Lending' <https://www.law360.com/capitalmarkets/articles/2262992?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-11-20&read_main=1&nlsidx=0&nlaidx=10> By Emmy Freedman Pay advance app EarnIn deceptively lures in cash-strapped borrowers with promises of providing payday advances with no mandatory fees but ultimately causes users to incur interest rates that can exceed 300%, the Washington, D.C., attorney general said in a lawsuit filed Tuesday. Complaint attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2262992?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-11-20&read_more=1&nlsidx=0&nlaidx=10> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2262992?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-11-20&read_later=1&nlsidx=0&nlaidx=10>
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Gunnar Larson