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Subprime lender Elevate to pay more than $3.75M to end D.C. interest rate suit

The lender, which was flagged to the FDIC by consumer advocates last week, along with its partner banks, also agreed to waive more than $300,000 in past-due interest fees owed by D.C.-based customers.

Read the full article at: www.bankingdive.com

The post Subprime lender Elevate to pay more than $3.75M to end D.C. interest rate suit appeared first on LendIt Fintech News.

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