Consumer Law,
Class Action
Jun. 13, 2025
Lawsuit targets cash-advance app for alleged 2,000% APR loans to soldiers
A 15-year Army veteran is leading a proposed class action against a fintech lender he says charged deceptive fees disguised as interest-free cash advances--violating federal protections for military personnel and consumers.
A U.S. Army Staff Sergeant has filed a putative class action against Kikoff Inc., a money-lending company valued at $1 billion, claiming it engaged in predatory lending practices targeting military personnel and low-income consumers.
The complaint filed by Elliot Conn, partner and founder of Conn Law, PC, on behalf of U.S. Army Staff Sergeant John Revell, claims that Kikoff and its cash-lending app Grant Money, LLC, impose hidden fees and finance charges that result in effective...
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