Oklahoma Snap Finance Settlement Cancels $18M In Consumer Debt

OKLAHOMA – Oklahoma Attorney General Gentner Drummond announced Wednesday, Oct. 21, a nearly $664 million settlement with Snap Finance that will eliminate more than $18 million in lease payments owed by Oklahoma consumers. The settlement follows a multi-state investigation into allegations that the lease-to-own financing company misled customers about contract terms, payment costs and their…

Utah consumers to receive $16.7 million in debt relief through Snap Finance settlement | News

SALT LAKE CITY — Utah consumers will have more than $16.7 million in outstanding lease payments canceled as part of a $665 million multistate settlement with Snap Finance over allegations of misleading business practices involving lease-to-own agreements. The settlement could benefit consumers throughout northern Utah, including Cache Valley, where several local businesses have been using…