ATTORNEY GENERAL RUSSELL COLEMEN JOINED 16 OTHER ATTORNEYS GENERAL IN A NEARLY 664-MILLION DOLLAR SETTLEMENT WITH SNAP FINANCE…..A PREDATORY
LENDING COMPANY THAT TOOK ADVANTAGE OF KENTUCKIANS….
AS PART OF THE SETTLEMENT…..SNAP FINANCE WILL AUTOMATICALLY CANCEL MORE THAN 12-POINT-THREE MILLION DOLLARS IN LEASE PAYMENTS OWED BY KENTUCKIANS
WHO ENTERED INTO LEASE-TO-OWN AGREEMENTS FROM 20-17 TO 20-22….. BORROWERS WILL ALSO GET TO KEEP AND OWN THEIR MERCHANDISE WITH NO
FURTHER PAYMENTS….
THE COMMONWEALTH WILL ALSO RECEIVE 150-THOUSAND DOLLARS IN PAYMENT FROM THE COMPANY……