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Category: Payday and Online Loans

Payday and Online Loans

Court Grants Preliminary Approval of $489 Million Class Action Settlement Led by Kelly Guzzo

The United States District Court for the Eastern District of Virginia recently granted preliminary approval of a class action settlement led by Kelly Guzzo that will grant $489 million in financial relief to consumers who took out high-interest loans.  The loans were originated by Golden Valley Lending, Mountain Summit Financial, […]

Tue Jul 12, 5:37pm

Payday and Online Loans

Kelly Guzzo Earns Decision to Protect Borrowers in Golden Valley Case

    Kelly Guzzo, PLC was part of a team of lawyers who earned a key decision that will protect borrowers from exorbitant interest rates on loans.  Kelly Guzzo sued on behalf of consumers with loans issued in the names of Golden Valley Lending, Silver Cloud Financial, Mountain Summit Financial, […]

Mon Mar 15, 7:38pm


Pew Study Exposes Risks Faced by Virginia Borrowers

  The Pew Charitable Trusts recently released an alarming new study on payday and title lending practices in Virginia and the associated harm caused to consumers.  The study finds that hundreds of thousands of Virginia borrowers, who typically use these small loans to cover normal expenses like rent, mortgage payments, […]

Wed Nov 20, 11:25pm

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