Lawsuit lenders operate virtually regulation free in the Lone Star State. These lenders, often predatory, take advantage of legal consumers when they are typically the most vulnerable. Lenders have been noted to charge up to 150% interest in some cases, further clogging our court system and saddling consumers with more debt. Texas CALAs support legislation to bring these lenders under the same regulatory structure as traditional lenders in Texas. To see how much you could end up paying a lawsuit lender, visit the calculator here.
Lawsuit Lending Calculator
By Jennifer HarrisApril 2, 2014No Comments