AG Racine Sues Predatory On The Web Lender For Prohibited High-Interest Loans To District People

AG Racine Sues Predatory On The Web Lender For Prohibited High-Interest Loans To District People Elevate Misleadingly Marketed High-Cost Loans, Ensnared 2,500+ Residents with rates of interest Well more than District’s Cap WASHINGTON, D.C. — Attorney General Karl A. Racine today filed case against Elevate, an on-line loan provider, for deceptively advertising high-cost loans holding …