Tall Court without doubt judgment in very first lending/affordability test case that is irresponsible

Tall Court without doubt judgment in very first lending/affordability test case that is irresponsible

Background

On 5 August 2020, judgment ended up being passed down in Michelle Kerrigan and 11 ors v Elevate Credit Overseas Limited (t/a Sunny) (in management) 2020 EWHC 2169 (Comm), which will be the initial of a quantity of comparable claims involving allegations of reckless lending against payday loan providers to possess proceeded to test.

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