California Supreme Court Holds That Tall Rates Of Interest on Payday Advances May Be Unconscionable
California Supreme Court Holds That Tall Rates Of Interest on Payday Advances May Be Unconscionable
Authors: Sterling Laney, IIWe; Erin Kubota
the California Supreme Court in Eduardo De Los Angeles Torre, et al. v. CashCall, Inc., held that interest levels on customer loans of $2,500 or higher might be discovered unconscionable under part 22302 associated with the Ca Financial Code, despite maybe perhaps perhaps maybe not being at the mercy of particular statutory rate of interest caps. The Court resolved a […]
