Lendmark Financial Services Consumer Loan Fraud Investigation
Lieff Cabraser is investigating installment lender Lendmark Financial Services in response to widespread consumer complaints that Lendmark is engaged in a nationwide scheme to take advantage of low- and moderate-income consumers through aggressive and improper sales tactics including “credit insurance packing,” where Lendmark adds costly insurance products (“add-ons” or “add-on products”) to loans without a consumer’s knowledge and, in some cases, even where the consumer expressly rejects such expensive add-ons. These costly add-ons significantly increase the cost of the loan to consumers, and they significantly increase Lendmark’s profits.
If you have financed a loan through Lendmark and suspect you have been subjected to these kinds of inappropriate and fraudulent practices, we urge you to contact a proven consumer advocate at the national law firm of Lieff Cabraser today. There is no charge or obligation for our review of your potential case against Lendmark, and the information you provide will help us hold Lendmark accountable for its allegedly illegal and fraudulent conduct.
Lieff Cabraser’s Consumer Protection Practice Group – Stopping Fraud via Civil Litigation Since 1972
Lieff Cabraser advises consumers as well as businesses whether and how to pursue legal action to halt and obtain compensation for the deceptive practices of large corporations. With a blend of courage, superior legal skills, and high principles, we protect our clients’ interests and help them achieve their goals by winning highly-complex consumer protection lawsuits against those that have defrauded consumers. We have successfully prosecuted scores of consumer class action lawsuits against many of the largest U.S. banks, financial service companies, and corporations. Working with co-counsel, we have achieved judgments and settlements in excess of $20 billion for consumers in these cases.