January 31, 2024
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."
November 15, 2023
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.