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Elevate Credit Ordered to Pay $3.3M for Predatory Lending Practices

February 10, 2022
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Elevate Credit Ordered to Pay $3.3M for Predatory Lending Practices

February 10, 2022
Elevate Credit agreed to pay a minimum of $3.3 million for charging people interest rates above the 24% maximum allowed by Washington, D.C for loans and credit lines, according to a statement from the Office of the Attorney General for the District of Columbia. The settlement resolves a lawsuit filed by the AG’s office against […]