AG Shapiro will defend Pennsylvanians against a predatory loan company | New

On Tuesday, August 16, Attorney General Shapiro announced he was pursuing a multi-state lawsuit against Mariner Finance for widespread violations of multiple consumer protection laws. The lawsuit alleges that Mariner Finance charged consumers for hidden add-on products that consumers did not know about or did not agree to purchase.

Consumers left Mariner Finance thinking they had made a deal to borrow and repay, over time, a certain amount of money. In reality, because of these hidden add-on products, Mariner has added hundreds to thousands of dollars to the total amount owed by a consumer. Mariner charged Pennsylvanians $19.5 million for additions from 2015 to 2018 and charged an additional $8 million in interest for those bonuses during the same period.

Janet E. Fishburn