Lawyers are asking for 9th Circ. Rethinking the Payday Loan Order

By Victoria McKenzie (Nov 9, 2021, 3:06 p.m. EST) – National advocacy groups have urged the Ninth Circuit for a new hearing or bench review of its split decision to send a payday loan case to the arbitration, saying fraudsters who use tribes as a facade to circumvent federal consumer laws “should not be allowed to abuse arbitration as a means of avoiding scrutiny of their operations.”

In an amici brief filed on Monday, the National Consumer Law Center and the Public Justice Center said the appeals court’s September analysis ignored important parts of the underlying arbitration agreement between consumers and consumers. online lenders Think Finance, Plain Green and Great Plains Lending ….

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