Benjamin N. Cardozo School of Law - Yeshiva University News

Study on consumer lawsuit loans finds high rates, confusing terms

By Daniel Fisher | Mar 19, 2018

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%.

The Record Network