OneMain sued by US states for selling hidden add-on products, collecting junk fees
Reuters
Mar 16
OneMain sued by US states for selling hidden add-on products, collecting junk fees
March 16 (Reuters) - OneMain Financial OMF.N was sued on Monday by 12 U.S. state attorneys general, who accused the financial services company of tacking on hidden add-on products to loans to extract hundreds of millions of dollars in junk fees from consumers, New Jersey Attorney General Jennifer Davenport said on Monday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.