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My Pillow's Mike Lindell Sues Lenders, Alleges 'Loan Sharking' Terms
My Pillow CEO Mike Lindell has filed a lawsuit accusing several financing companies of exploiting his business through a high-interest $600,000 loan, alleging the lenders employed "loan sharking ...
The Indianapolis Star22d
Payday lenders could charge 'loan shark' rates under Indiana bill
Such loans would be considered felony loan sharking under current Indiana law. Payday lenders have hired lobbyists with ties to Gov. Mike Braun to push the bill Indiana lawmakers are considering ...