Predatory Lenders Archives - Banker & Tradesman

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MA Consumers Claim $2.3M In Settlement With Predatory Lenders

by Banker & Tradesman | Nov 28, 2016

Nearly 1,700 Massachusetts consumers who took out small-dollar loans from a South Dakota payday lender and its California-based partner have been reimbursed $2.3 million collectively under a settlement reached by the attorney general’s office and the state Division of Banks.

MA Consumers Claim $2.3M In Settlement With Predatory Lenders

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