Stratton v. Portfolio Recovery Associates, LLC
Court of Appeals for the Sixth Circuit
1Opinion of the CourtStranch, J., joined by Keith, J.,
BATCHELDER, J. (pp. 452-56), delivered a separate dissenting opinion.
*445OPINION
JANE BRANSTETTER STRANCH, Circuit Judge.
This case involves the intersection of the usury law, “society’s oldest continuous form of commercial regulation,” Robin A. Morris, Consumer Debt and Usury: A New Rationale for Usury, 15 Pepperdine L.Rev. 151, 151 (1988); debt buying, “one of the most financially lucrative businesses you can get into,” Victoria J. Haneman, The Ethical Exploitation of the Unrepresented Consumer, 73 Mo. L.Rev. 707, 712 (2008) (citation and internal quotation marks omitted); and the Fair Debt…
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