ProPublica: They Sued Thousands of Borrowers During the Pandemic — Until We Started Asking Questions

ProPublica: They Sued Thousands of Borrowers During the Pandemic — Until We Started Asking Questions. “A Silicon Valley-based installment lender that caters to Latino immigrants announced on Tuesday that it would drop all the lawsuits it has filed against borrowers who fell behind on payments, including during the coronavirus pandemic. Oportun Inc. also said it would cap interest rates on new loans at 36% — a percentage that consumer advocates consider the gold standard for smaller personal loans.”

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