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CHILDS v. HYPHEN LLC et al
Case Number:
1:23-cv-00197
Court:
Nature of Suit:
Racketeer/Corrupt Organization
Multi Party Litigation:
Class Action
Judge:
Companies
Sectors & Industries:
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January 31, 2024
Digital Lender, Partner Bank Seek To Sink Usury Claims
Lender Helix Financial and its partner bank, Lead Bank, have asked a Georgia federal judge to toss a proposed class action alleging their relationship was a "front" to issue loans with unreasonably high interest rates, arguing the allegations in the suit are "simply not plausible."
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November 15, 2023
Payday Lender Accused Of Rent-A-Bank Scheme In Georgia
Online personal loan company Helix Financial used an illegal "rent-a-bank" scheme to skirt Georgia's payday lending laws and charge consumers triple-digit interest on small loans, according to a class action filed in Peach State federal court Wednesday.