Without a doubt about Court Discounts a Blow to people AARP Foundation Litigation attorneys represented a Pennsylvania debtor whom challenged usurious rates of interest charged with a payday lender. The test court ruled that the claims needs to be arbitrated independently as a result of a binding arbitration clause in the mortgage agreement, which sharply limits the borrowers’ capability to challenge the regards to the root loans. Background Raymond King took down two pay day loans from Advance America, one for $500 together with other for $350, spending A apr that is effective of % from the very very first and 533 per cent fromRead More →