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Lawsuit Lending Facts
NBCSL Calls for Alignment of Consumer Lawsuit Lending
Passes resolution calling for "protection of consumers from lawsuit lenders."
NHCSL Calls for Alignment of Consumer Lawsuit Lending
Passes resolution calling for "protection of consumers from lawsuit lenders."
How Does Lawsuit Lending Impact Small Businesses?
Lawsuit lending increases litigation costs and puts more small businesses under threat of lawsuits.
Former Georgia AG Thurbert Baker on the Problems with Lawsuit Lending
Integrity of America’s courts is in danger because of companies that specialize in funding litigation.
Real Life Victims of Lawsuit Lending Abuse
Watch firsthand accounts of victims of lawsuit lending abuse.
Did You Know?
Interest rates on lawsuit lending loans can exceed 100% and that some firms charge up to 250% of the loan amount? Unfortunately, that’s right.
Because of a lack of regulatory oversight, many lawsuit lenders are not required to explain their pricing structure to plaintiffs before they approve a loan. Be armed with the facts and know your risk.
Key Headlines More +
December 16, 2013 - National Black Caucus of State Legislators Passes Resolution Calling for Alignment of Consumer Lawsuit Lending - The National Black Caucus of State Legislators (NBCSL) has passed a strong resolution calling for the consumer lawsuit lending industry to be brought into alignment with existing state lending laws. Read More
December 16, 2013 - National Hispanic Caucus of State Legislators Passes Resolution Calling for Alignment of Consumer Lawsuit Lending - The National Hispanic Caucus of State Legislators (NHCSL) has passed a resolution which calls for "the lawsuit lending industry be subjected to the same proper disclosures, regulations, and consumer protections as conventional loan makers and banks." Read More
November 07, 2013 - Lawsuit Lender Staffing up for the Holidays - The Lawsuit Settlement Funding Firm, announced today that they have hired additional staff to brace for the busy Holiday Funding Season. Read More
October 07, 2013 - Opinion: How 'lawsuit lending' is putting families at risk - "What is left out is that even once the plaintiff's case settles or goes to judgment, the plaintiff, even if they do win, will have very little left because the interest rates on these loans can top 200 percent." Read More