MASS. A.G. CAMPBELL REACHES SETTLEMENT WITH EASYPAY OVER ALLEGED RENT-A-BANK SCHEME, SECURES RESTITUTION AND CEASES LENDING IN THE COMMONWEALTH
May 23, 2024
May 23, 2024
BOSTON, Massachusetts, May 23 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release on May 22, 2024:
Attorney General Andrea Joy Campbell has reached an assurance of discontinuance (AOD) with EasyPay, which made predatory loans to Massachusetts consumers by laundering loans through a bank not subject to Massachusetts' protections.
Under the AOD, EasyPay will stop making loans in the Commonwealth and will provide considerable consumer re . . .
Attorney General Andrea Joy Campbell has reached an assurance of discontinuance (AOD) with EasyPay, which made predatory loans to Massachusetts consumers by laundering loans through a bank not subject to Massachusetts' protections.
Under the AOD, EasyPay will stop making loans in the Commonwealth and will provide considerable consumer re . . .