National Consumer Law Center: 199% Auto Repair, Pet Loans Face Crackdown by DC, States
July 13, 2023
July 13, 2023
WASHINGTON, July 13 (TNSgov) -- The National Consumer Law Center issued the following news release on July 12, 2023:
Advocates applauded today's announcement by the Office of the Attorney General (AG) of the District of Columbia that DC has forced EasyPay Finance to stop making loans up to 198.98% despite DC's 24% interest rate limit, and pay a total of $216,548.83, including over $150,000 in restitution to consumers. EasyPay Finance offers loans through auto repair shops, . . .
Advocates applauded today's announcement by the Office of the Attorney General (AG) of the District of Columbia that DC has forced EasyPay Finance to stop making loans up to 198.98% despite DC's 24% interest rate limit, and pay a total of $216,548.83, including over $150,000 in restitution to consumers. EasyPay Finance offers loans through auto repair shops, . . .