Baltimore Sues Fintech Over Digital Payday Lending Scheme

By Katryna Perera ( October 6, 2025, 8:03 PM EDT) -- The city of Baltimore has sued MoneyLion in Maryland state court, accusing the fintech company of violating local consumer protection laws by disguising high-interest payday loans as "Instacash Advances" and trapping low-income residents in cycles of debt through excessive fees and "tips."...

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