A rent-a-bank lender that operated in D.C. will pay more than $215,000 to resolve allegations that it used predatory practices to deceive hundreds of residents into paying interest rates significantly above the city’s legally allowed minimum rate.
A rent-a-bank lender that operated in D.C. will pay more than $215,000 to resolve allegations that it used predatory practices to deceive hundreds of residents into paying interest rates significantly above the city’s legally allowed minimum rate.
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