OppFi Says Calif.'s 'True Lender' Theory Is Bunk Regulation

By Jon Hill (October 19, 2022, 8:23 PM EDT) -- Fintech firm Opportunity Financial LLC is making another attempt to turn the tables on a California regulator's claims that it engages in illegal, high-cost lending, arguing that the so-called true lender doctrine underpinning those claims is itself a form of invalid, "underground regulation."...

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