Class Seeks $1.5B Settlement In Payday Loan Dispute
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By Crystal Owens

A class of borrowers has urged a Virginia federal court to approve what
would be the largest settlement ever obtained in a challenge to
participants in the tribal lending industry, arguing that the agreement
would give significant relief to hundreds of thousands in the form of debt
cancellations and cash payments.

 Memorandum attached | Read full article »
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