Predatory Consumer California Solar Panel Financing Litigation
Lieff Cabraser is investigating claims about predatory solar panel financing practices in California, including by EnFin and Hatch Bank. Under the alleged scheme, door-to-door salespeople go to consumers’ homes and market solar panels with financing at rates that appear low, but which conceal a substantial upfront fee – typically 10% to 40% of the total loan – secretly added to the system’s price and never disclosed to consumers. As a result of the scheme, plaintiffs claim the amount financed exceeds the actual cash cost of the equipment and installation by a significant margin, with defendants retaining the difference as an undisclosed finance fee, driving the cost of borrowing to predatory levels.
Talk to a Consumer Protection Lawyer at Lieff Cabraser Today
If you or a family member are a California resident and have financed the purchase of solar panels — through EnFin, Hatch Bank, or another financing company — we urge you to contact a consumer protection lawyer at Lieff Cabraser today. There is no charge for our review of your case, and the information you provide will help us hold these companies accountable for their improper and predatory practices.
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