Triple Digit Interest Rates and the Doctrine of Unconscionability

CLE Credit – 1.0 hour

Register via Zoom

Though a recent California law capped the interest rate of small consumer loans at approximately 36%, the courts are currently being flooded by collection actions seeking to enforce older consumer loans bearing triple digit interest rates. This webinar will focus on the landmark case of De La Torre v. CashCall, a class action asserting that CashCall’s loans bearing interest rates between 96%-135% were unconscionable. Hear class counsel describe their epic battle through the federal and state appeals courts, class certification, and ultimate victory at trial. KGACLC certified law student Vasti Montiel will discuss the Law Center’s work battling collection actions attempting to enforce similar high interest loans.

Information and the overview provided is an educational service only and is not a substitute for seeking qualified professionals for legal advice on particular matters. This event does not provide legal advice.