Loans at 99% to 251% Interest?!?
Rent-a-bank lender Elevate pays $4 million settlement for violating DC Law
3 min readFeb 8, 2022
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…
