Check ’n Go or Axcess Financial Class Action
We are investigating a class action against Check ’n Go and Axcess Financial. Persons who took out certain loans from Check ’n Go or Axcess Financial may not owe any money on their loans—you may even get money back.
California law establishes interest rate caps on the loans issued by lenders like Check ’n Go or Axcess Financial. But it’s believed that Check ’n Go or Axcess Financial loans are more than triple those caps.
Check ’n Go and Axcess Financial are attempting to exploit a loophole that should not—and in our view, does not—exist. And California law should invalidate the loans in entirety.
If you are interested in trying to invalidate your loans and not making any more payments (and getting money back), please complete this form.
Legal Background
California law caps the maximum interest rate on loans issued by certified finance lenders.
That law (California Financial Code § 22304.5) went into effect on January 1, 2020.
Under that law, the maximum interest rate on loans from $2,500 to $9,999 is about 36%. Another law caps the interest rate of loans under $2,500 at no more than 30%.
Related laws invalidate loans that exceed those interest rates.
Not Just California
Other states have interest rate caps similar to California’s. Those states may include Delaware, District of Columbia, Florida, Illinois, Indiana, Kansas, Kentucky, Michigan, Mississippi, Oklahoma, Ohio, Oregon, South Dakota, Tennessee, Texas, and Washington.
Suing Check ’n Go or Axcess Financial
Maybe you’re here because you just want to get out of your loan. Or you want to sue Check ’n Go or Axcess Financial.
We may be able to help you with that.
Fill out the form, and we’ll give you a call.