New York AG Settles with Retail Financing Company that Allegedly Lured Servicemembers into Revolving Credit Contracts

On March 22, 2017, the New York Attorney General’s Office (“New York AG”) announced that it had entered into a $540,000 settlement with a Virginia retailer and financing company that allegedly used deceptive practices to lure military servicemembers into financing agreements for the purchase of consumer goods. The New York AG alleged that the companies sold servicemembers…

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