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Class Seeks $1.5B Settlement In Payday Loan Dispute

By Crystal Owens ( July 19, 2024, 9:48 PM EDT) -- 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....

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