MoneyLion Technologies, Inc. – CA

Ahdoot Wolfson is investigating a potential class action lawsuit against MoneyLion Technologies, Inc. and ML Plus LLC. MoneyLion markets itself as a consumer-friendly financial platform that offers cash advances and small-dollar loans to consumers. According to allegations, MoneyLion may have charged borrowers fees and other costs that functioned as interest while representing those charges as non-finance charges. It is alleged that these practices may have obscured the true cost of borrowing and prevented consumers from understanding the full price of their loans. The lawsuit concerns potential violations of the Truth in Lending Act, a federal law designed to ensure consumers receive clear and accurate information about the cost of credit before borrowing money.

If you obtained a loan, cash advance, or other credit product through MoneyLion, you may have been charged fees or costs that are the subject of this investigation. Please fill out the form below, and one of our attorneys will contact you to discuss your potential claims.