Don’t Mess with Texas: Fintech Lender OppFi Sued for Charging 130% Interest on Loans

OppFi has run afoul of interest rate caps in DC and California, too

2 min readJul 7, 2022

--

Photo by Daniel Thomas on Unsplash

Turns out, those shiny, new, convenient fintech lenders are little more than sketchy payday loan stores dressed up in super fancy clothes.

Andy Spears

Written by Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .

Recommended from Medium

Chris Newman

A Love Letter to Gen Z

From your Big Brother, an Older Millennial

7 min readMar 10

--

Leonard Tillerman
in
Engage

Navigating the Emotional Rollercoaster of Your Child’s Independence

When Do You Know It Is Time to Let Go?

5 min readMay 22

--

Lists

Self-Improvement 101

20 stories105 saves

Business 101

25 stories67 saves

Work 101

26 stories8 saves

Staff Picks

329 stories82 saves

The PyCoach
in
Artificial Corner

You’re Using ChatGPT Wrong! Here’s How to Be Ahead of 99% of ChatGPT Users

Master ChatGPT by learning prompt engineering.

7 min readMar 17

--

Kristen Walters
in
Adventures In AI

5 Ways I’m Using AI to Make Money in 2023

These doubled my income last year

9 min readFeb 16

--

four cartoonish images of a white woman in business wear. i like this image because it looks like 4 different social media profiles.

Zulie Rane
in
The Startup

If You Want to Be a Creator, Delete All (But Two) Social Media Platforms

In October 2022, during the whole Elon Musk debacle, I finally deleted Twitter from my phone. Around the same time, I also logged out of…

8 min readApr 19

--

Linda Caroll
in
The Partnered Pen

I Asked ChatGPT How To Earn $1000 Online. It Was Hilarious.

Peering in the hive mind can be really helpful, but it can also be so stupid it’s funny

6 min readMar 24

--

See more recommendations

Help
Status
Writers
Blog
Careers
Privacy
Terms
About
Text to speech