Court Discounts a Blow to Customers. AARP Foundation Litigation solicitors represented a Pennsylvania debtor whom challenged usurious rates of interest charged by way of a payday lender.

AARP Foundation Litigation solicitors represented a Pennsylvania debtor whom challenged usurious interest levels charged with a lender that is payday. The test court ruled that the claims should be arbitrated independently as a result of an arbitration that is binding in the mortgage agreement, which sharply limits the borrowers’ ability to challenge the regards to the root loans. Background Raymond …