JD Supra

District court grants summary judgment, finds high-APR loan collection did not violate the FDCPA or California’s Rosenthal Act

On September 15, the U.S. District Court for the Southern District of California granted summary judgment for a debt collector, holding that attempting to collect on a loan with a 128.4 percent APR ...
JD Supra

California Appellate Court Affirms Summary Judgment for Lender and Enforces Limitation-of-Liability Provision

A California appellate court affirmed summary judgment for a lender in a breach-of-contract action based on a limitation-of-liability provision in the operative loan agreement. The borrower, CIP ...