Misrepresenting Terms of Loan
American Web Loan Payday Loan Settlement
This settlement resolves a class action about loans made in the name of American Web Loans (AWL) and other associated companies. The complaint alleged that AWL was not licensed to lend in any state, that it violated federal law by making loans at higher rates than allowed by state laws, did not adequately disclose the Read more
United Auto Credit Violations of Military Lending Act Class Action
Congress passed the Military Lending Act (MLA) to protect members of the US military who require loans of various kinds. However, the complaint for this class action claims that United Car Sales Company, LLC, which does business as United Auto Credit Corporation, lends money to military members without complying with the law’s requirements. Read more
Mariner Finance Refinancing and Insurance Charges Maryland Settlement
This settlement resolves a class action against Mariner Finance, LLC. The complaint alleged that Mariner charged customers refinancing charges but did not include those with the simply interest rate in the promissory notes, possibly because the interest rates might then higher than allowed by Maryland laws. It also claimed that Mariner retained a portion of Read more