Advocates Urge 9th Circ. To Rethink Payday Lending Order
By Victoria McKenzie (November 9, 2021, 3:06 PM EST) -- National advocacy groups have asked the Ninth Circuit for a rehearing or en banc review of its split decision to send a payday lending case to arbitration, saying that fraudsters who use tribes as a front to skirt federal consumer laws "should not be permitted to abuse arbitration as a way to avoid scrutiny of their operations."
In an amici brief filed Monday, the National Consumer Law Center and the Public Justice Center said that the appellate court's September analysis ignored important parts of the underlying arbitration agreement between consumers and online lenders Think Finance, Plain Green and Great Plains Lending....
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