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State Attorneys General Predatory Lending Consumer Lenders

Orrick, Herrington & Sutcliffe LLP

New York Attorney General secures $1B settlement with merchant cash advance lenders

On January 16, the New York State Attorney General (AG) filed a consent order in the Supreme Court of the State of New York involving lending companies and its officers (the respondents) accused of predatory lending of...more

Cozen O'Connor

Pennsylvania AG Settles for $11.4 Million over Allegedly Predatory Lending Scheme Targeting Low-Income Retail Purchasers

Cozen O'Connor on

Pennsylvania AG Michelle Henry settled with Snap Finance LLC and its subsidiaries to resolve allegations the lending company violated various state consumer protection laws by providing predatory, deceptive loans to...more

Goodwin

Massachusetts AG Enters Consent Judgment with Used Car Company Resolving Predatory Lending Lawsuit

Goodwin on

On March 9, 2020, the Massachusetts attorney general’s office (Massachusetts AG) announced ?that it had entered into a consent judgment with a national used car company resolving allegations that the company’s local...more

Goodwin

NJ AG Files Suit Against Two Auto Lenders Over Alleged Predatory Conduct

Goodwin on

On March 7, the New Jersey Attorney General’s Office (AG) announced that it had filed a complaint? against two so-called “Buy Here-Pay Here” auto dealerships, alleging that they targeted vulnerable consumers by selling them...more

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