AG Shapiro Announces Relief for 80,000 Pennsylvanians Targeted by on line cash advance Scheme

AG Shapiro Announces Relief for 80,000 Pennsylvanians Targeted by on line cash advance Scheme

Comprehensive settlement reached with Think Finance, Inc. over $133 million cash advance scheme asking 448% interest levels

HARRISBURG —Attorney General Josh Shapiro today announced funds with Think Finance, a national payday that is online, and an associated personal equity company for presumably engineering a $133 million unlawful pay day loan scheme that targeted as much as 80,000 Pennsylvania customers. The settlement will void all staying balances from the unlawful loans. Pennsylvania is among the leading creditors that negotiated this settlement that is comprehensive Think Finance included in its bankruptcy plan, which can be pending approval ahead of the Bankruptcy Court and subsequent approval because of the U.S. (more…)

Continue Reading AG Shapiro Announces Relief for 80,000 Pennsylvanians Targeted by on line cash advance Scheme