Illinois man accuses tribal online lenders of predatory loans

By Victoria McKenzie (January 26, 2022 at 8:44 p.m. EST) – An Illinois debtor has filed a proposed class action lawsuit against a group of tribal online lending companies for allegedly making illegal high-interest loans, leading to a trend of similar complaints contributors across the country who accuse unscrupulous lenders of using tribes as a mere front to gain immunity from prosecution.

Joshua Kalkbrenner sued West Side Lending LLC and Wolf River Development Co. Tuesday in federal court in Illinois, alleging the companies only pretend to be owned and operated by the Menominee Tribe of Wisconsin. But according to Kalkbrenner — as well as other borrowers who have sued tribal lenders in Illinois, Oklahoma, California…

Stay ahead of the curve

In the legal profession, information is the key to success. You need to know what’s happening with customers, competitors, operations, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data in articles (numbers, files, courts, type of action and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics, and more!


About Justin Howze

Check Also

Jessica Love: Breaking free from payday loans

Ever got stuck in the mud with your car or truck? and the more you …