Lawsuit Lending Facts

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OPINION: Lawsuit lenders should be regulated as other lenders

March 27, 2014

By Yuri Cunza, president and CEO of the Nashville Area Hispanic Chamber of Commerce

The Tennessee House of Representatives is expected to consider the Tennessee Litigation Financing Consumer Protection Act in the next few days, a bill that protects consumers from predatory lending practices.

The Nashville Area Hispanic Chamber of Commerce urges legislators to vote "yes" on this legislation. Not only do our Tennessee consumers and business people deserve better, and these companies that engage in this practice should face the same regulation as any other lender in the state, such as a bank or any other loan company.

Today, that is not the case.

Read the full op-ed here

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