Maryland AG Anthony Brown announced that Maryland and the AGs of 40 other states have reached a $694 million settlement with Credit Acceptance Corporation (CAC), a major auto finance company that provides loans to consumers with limited or impaired credit histories. The settlement provides a combination of cash restitution and debt relief related to certain…

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In Keturah’s latest Oregon AG Watch article for Law360, AG Watch: Oregon Targets Consumer Costs, she examines how Oregon Attorney General Dan Rayfield’s focus on lowering consumer costs is playing out through significant litigation over state and federal laws governing financial services.

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The FTC has reached a $4.85 million settlement with the global payment processor Nuvei Corporation and its subsidiaries, Nuvei International Group Limited, Nuvei Limited, SafeCharge Digital Limited, and Nuvei Technologies Inc. over allegations that the firm provided payment processing services to merchants that were engaged in alleged deceptive conduct, including technology and support scams that…

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Colorado AG Phil Weiser filed a lawsuit against Activehours, Inc., the company behind EarnIn, alleging that EarnIn’s products that it says allows consumers to access their money the same day they work constitutes illegal high-cost payday loans in violation of state lending and consumer protection laws. The lawsuit alleges that EarnIn uses deceptive app designs…

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The FTC announced that online bill payment firm Doxo will pay $2.1 million to settle FTC allegations that the company and two of its co-founders used misleading search ads to impersonate consumers’ billers and misled consumers about millions of dollars in fees they tacked on to consumers’ bills. In a 2024 complaint, the FTC alleged…

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