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Mike Lindell says ‘cash-strapped’ MyPillow took $1.6 million loan from payday lender at 409% interest

2 mn readMike Lindell, the owner of MyPillow, says his company was duped into borrowing $1.6 million at a 409% annual interest rate, the latest sign of financial distress for the far-right pillow salesman. Lindell, MyPillow, and 18 other corporate entities claim Cobalt Funding Solutions and another company involved in the loan, Streamline Advance, engaged in racketeering […]

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