Monthly Archives: October 2018

Choice of Law Clauses in Online Consumer Lending

Courts and regulators have carefully scrutinized Internet lending, beginning with the 2008 decision of the United States 10th Circuit Court of Appeals in Quik Payday Inc. v. Stork. The court found that Quik Payday was required to obtain a license to offer payday loans to Kansas residents despite offering the …

Read More »

Many millennials are turning to payday loans

According to a recent survey, 51% of millennials have considered a payday loan. Find out the disadvantages of payday loans. You need cash to pay a big bill, and you don’t have it. What do you do? Many Americans are turning to payday loans to fill this gap, even though …

Read More »