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

Andy Spears
2 min readJul 7, 2022

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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.

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Andy Spears

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