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Settlement Erases $1.5 Million Debt For Military Members

12:41 pm
Wed July 30, 2014

Settlement Erases $1.5 Million Debt For Military Members

Lead in text: 
Indiana and 12 other states reached a legal settlement with a company that allegedly scammed servicemembers into signing up for credit with 'no money down.'
A legal settlement will erase the debt 261 members of the U.S. military who are from Indiana owe a financing company. The Indiana Attorney General and 12 other attorneys general and the federal Consumer Financial Protection Bureau have settled a lawsuit with a consumer lending company based on California and Georgia.