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MoneyLion Loans New York

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MoneyLion loans is based in New York. They have a sister company in Sandy, Utah. They offered long-term loans, these loans came with very unusual high interest rates. The loans targeted people with very low credit scores, and weren't financially literate. They would sign the contracts for these loans online not knowing the 200% interest rate that was added on. Now the company is involved in a class action suit. The attorney suing is based out of Kansas City, MO.
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  • PDF (104KB)