Posted inBusiness

Regulators Sue Two Companies Making Loans Against Pensions

MARCY GORDON, AP Business Writer WASHINGTON (AP) โ€” Federal and New York regulators have sued two companies that make loans against retireesโ€™ pensions, saying they deceived consumers about the high rates of the loans. Regulators say that the companies, Pension Funding LLC and Pension Income LLC, used deceptive marketing tactics to target the pensions of […]

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