Usury

A federal class action accuses Ascension Technologies-owned Big Picture Loans LLC of falsely claiming that the payday lending operation is owned and operated by a Native American “<a href="http://www.courthousenews.com/wp-content/uploads/2018/06/Usury.pdf"><strong>rent-a-tribe</strong></a>,” and immune to state usury laws.

SAN FRANCISCO — A federal class action accuses Ascension Technologies-owned Big Picture Loans LLC of falsely claiming that the payday lending operation is owned and operated by a Native American “rent-a-tribe,” and immune to state usury laws.

Categories / Consumers

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.