California court rejects OppFi’s attempt to block DFPI’s “true lender” challenge to loans made through bank partnership
CFPB Monitor
OCTOBER 6, 2022
A California state court has overruled the demurrer filed by Opportunity Financial, LLC (OppFi) to the cross-complaint filed by the California Department of Financial Protection and Innovation (DFPI) in which OppFi asked the court to reject the DFPI’s “true lender” challenge.
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