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Friday, April 19, 2024

The University of Texas School of Law

Recent News About The University of Texas School of Law View More

  • Study on consumer lawsuit loans finds high rates, confusing terms

    By Daniel Fisher |
    AUSTIN, Texas (Legal Newsline) - The broadest study yet of consumer litigation finance – money forwarded to lawsuit plaintiffs in anticipation of a victory in court or a legal settlement – found a “very complicated and circuitous” system in which some borrowers appear to subsidize others and the median interest rate exceeds 40%.