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Michigan A.G. Nessel Files Lawsuit to Stop Online Lender Charging More Than 300 Percent in Interest Rates
October 31, 2019
LANSING, Michigan, Oct. 31 -- Michigan Attorney General Dana Nessel issued the following news release:

Michigan Attorney General Dana Nessel filed the state's first ever lawsuit alleging violations of the federal Consumer Financial Protection Act as part of a full-court press to stop the predatory practices of online tribal lender Sierra Financial.

To protect Michigan consumers, earlier this month Nessel simultaneously filed a lawsuit and motion for preliminary inj . . .

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