Attorney General Shapiro Sues Out-of-State Vehicle Title Lender for Violating PA Usury and Racketeering Laws

Attorney General Shapiro Sues Out-of-State Vehicle Title Lender for Violating PA Usury and Racketeering Laws

Lawsuit Seeks reimbursement of greater than $3 Million in prohibited Interest to 3,200 PA customers as well as the launch of Over 1,000 Remaining Title Liens

PHILADELPHIA — Attorney General Josh Shapiro today filed case against A delaware-based automobile name loan provider for violating Pennsylvania’s usury and racketeering guidelines.

The lawsuit alleges that Dominion handling of Delaware, Inc. And Dominion Management Services, Inc., which did business as CashPoint, issued loans with rates of interest a lot more than 200 per cent – in a few full situations as high as 360 per cent interest. Continue reading “Attorney General Shapiro Sues Out-of-State Vehicle Title Lender for Violating PA Usury and Racketeering Laws”