Fintech Lender Sues Calif. Regulator Over 36% Rate Cap Law

By Jon Hill (March 10, 2022, 9:41 PM EST) -- Fintech lender Opportunity Financial LLC has asked a California state court to block the state's financial services regulator from enforcing a 36% interest rate cap against the company's branded loans, which it says are exempt from a recent law because they're originated through an out-of-state bank partner....

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