He needs a few bucks, I am sure he will pay it back with "fair" interest.
9th Circ. Upholds $1.3B Award Over Payday Loan Scheme
Law360 (December 3, 2018, 8:15 PM EST) -- A Ninth Circuit panel on Monday upheld a $1.3 billion award against pro race car driver Scott Tucker's loan companies, rejecting his arguments that his customers would not have been deceived by the loan terms because he included fine print clarifying the payment schedule.
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In October 2016, U.S. District Judge Gloria Navarro found a number of payday loan companies associated with Native American tribes and controlled by Tucker had deceived and overcharged customers in violation of the Federal Trade Commission Act and the Truth in Lending Act. The court ordered Tucker to pay $1.3 billion in restitution.
Tucker appealed that decision and told the Ninth Circuit panel in August that the loan contracts weren't deceptive. They included all the information required of a so-called TILA box, the standardized format for disclosing the rates and terms of a loan agreement required under the Truth In Lending Act, he said.