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MyPillow CEO Mike Lindell sues a merchant cash advance firm over a ‘sham’ loan that had a 409% interest rate
MyPillow owner and CEO Mike Lindell is suing a loan provider, alleging his firm was deceived into borrowing $1.6 million at a 409% interest rate, according to a lawsuit filed in Minnesota. Lindell,
Mike Lindell says 'cash-strapped' MyPillow took $1.6 million loan from payday lender at 409% interest
MyPillow and its owner Mike Lindell have sued a payday lender. It's at least the third lawsuit with other high-rate advance companies.
Mike Lindell's 'Cash-Strapped' MyPillow Took $1.5M Payday Loan At 409% Interest Rate: Lawsuit
Lindell, who has been sued over his false claims the 2020 election was rigged, said misconduct by the company makes the loan "unenforceable"
2h
on MSN
Hundreds of student-loan borrowers who applied for debt cancellation are being denied relief by a major lender, over 20 Democratic lawmakers say
Sen. Elizabeth Warren led some of her colleagues in requesting that the CFPB and FTC bolster oversight over student-loan ...
13h
New loan options for self-employed with stash of cash
As an aside, fog-the-mirror 1.0 includes no job or income, just nine months of payment reserves and excellent credit. No need ...
1d
These Borrowers Could See Student Loan Payments Skyrocket Next Year
Millions of student loan borrowers may see big increases to their monthly payments next year, as several key Biden ...
CNET
2d
I'm a Student Loan Expert. Here's What Borrowers Should Do Before 2025
To say it's been a confusing year for student loan borrowers would be an understatement. With two student loan debt relief ...
12h
Boston launches loan fund help keep more housing affordable
A new city program will use funds from some of the city’s biggest companies and nonprofits to help community organizations ...
8h
Should you use a cosigner to get a loan? The pros and cons
A cosigner can help you qualify for a loan, but there are risks including impacting the cosigner’s credit score or finances.
11h
on MSN
Small Oregon school district gets $2 million emergency loan after budgeting errors
A tiny east Multnomah County school district has secured a loan that its superintendent said is necessary to keep its ...
1d
Europe’s Loan Bankers Pin Hopes on M&A Revival to Boost Volumes
Refinancings helped bolster European loan volumes in 2024 but with mergers and acquisitions looking like they’re finally ...
8h
Student loan forbearance vs. deferment: Key differences and how to choose between the two
Almost 43 million Americans carry student loan debt. Forbearance and deferment are two ways borrowers can freeze their ...
3d
Should you open a home equity loan before the December Fed meeting?
Do you need to apply for a home equity loan before the Fed's December meeting? Here's what borrowers should do now.
1d
on MSN
What Happens if You Default on a Personal Loan?
Key Takeaways - What Happens if You Default on a Personal Loan? Paying back a personal loan doesn’t always go according to ...
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