Please bring all relevant loan documents, any payment history you have, and copies of any communications you’ve had with the lender.
Have you fallen victim to a predatory loan? Predatory lending involves unfair or deceptive loan practices designed to exploit vulnerable borrowers through excessive interest rates, hidden fees, and aggressive tactics. If you are a Texas consumer struggling under the weight of an abusive loan, Cannon Legal PLLC is committed to providing the strong legal representation you need to regain your financial stability.
At Cannon Legal PLLC, we understand how overwhelming it feels to be trapped by unfair loan terms and sky-high interest rates. Our experienced consumer protection attorneys are dedicated to helping Texans escape predatory debt.
If you are facing any of the following common signs of predatory lending, Cannon Legal PLLC can help:
How Cannon Legal PLLC Fights Predatory Lenders
Our firm is equipped to handle every aspect of your predatory lending dispute. We take action to protect your rights under both Texas and federal law.
We will:
Specialized Assistance for Military Members: If you are active-duty military, a reservist, or a veteran, we specifically help you invoke and enforce your rights under the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA), which provides protections like a 36% APR cap on most consumer loans.
Please bring all relevant loan documents, any payment history you have, and copies of any communications you’ve had with the lender.
We offer confidential consultations to discuss your specific situation and explain our fee structure. In many cases, we may be able to represent you on a contingency fee basis, meaning you do not pay attorney’s fees unless we recover money for you.
Even if you have made payments, you may still have legal options. We can review your case to determine if the lender violated consumer protection laws and explore options for recovering money you’ve overpaid.
Yes. The FDCPA and Texas law prohibit debt collectors from using abusive tactics like making threats, calling at unreasonable hours, or contacting third parties about your debt. We can send a cease and desist letter and take legal action if the harassment continues.
Warning signs include extremely high interest rates (often in triple digits), large add-on fees, repeated refinancing (loan flipping), balloon payments you cannot afford, high-pressure sales tactics, and a lack of clear disclosure of loan terms.
Several laws protect consumers, including the Texas Deceptive Trade Practices Act (DTPA), various chapters of the Texas Finance Code, and federal laws like the Fair Debt Collection Practices Act (FDCPA) and the Truth in Lending Act (TILA).