Loans at 99% to 251% Interest?!?

Rent-a-bank lender Elevate pays $4 million settlement for violating DC Law

Photo by Dmitry Demidko on Unsplash

Advocates at the National Consumer Law Center applaud District of Columbia Attorney General Karl Racine’s announcement today that DC has reached a settlement with predatory rent-a-bank lender Elevate that requires it to abide by the District’s interest rate limits and to provide over…