Center for Responsible Lending Issues Statement on Think Finance Violation of Pennsylvania Interest Rate Cap
July 29, 2019
July 29, 2019
DURHAM, North Carolina, July 29 -- The Center for Responsible Lending issued the following statement by Diane Standaert, director of state policy and executive vice president:
Last week, Pennsylvania Attorney General Josh Shapiro announced a settlement with Think Finance LLC, a fintech company that had engaged in multi-party schemes to make loans with interest rates of up to 448% in Pennsylvania in violation of the state's interest rate cap. Under the terms, Think Finance and i . . .
Last week, Pennsylvania Attorney General Josh Shapiro announced a settlement with Think Finance LLC, a fintech company that had engaged in multi-party schemes to make loans with interest rates of up to 448% in Pennsylvania in violation of the state's interest rate cap. Under the terms, Think Finance and i . . .