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High-cost lender reaches $2 million settlement with D.C. authorities

The agreement resolves a lawsuit over consumer loans that had annual percentage rates as high as 198%. Chicago-based OppFi denied allegations that it engaged in unfair lending practices.

Read the full article at: www.americanbanker.com

The post High-cost lender reaches $2 million settlement with D.C. authorities appeared first on LendIt Fintech News.

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