Advance America agrees to $8M settlement with Pennsylvania

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HARRISBURG, Pa. (Legal Newsline) – A payday lender accused of overcharging Pennsylvania customers interest rates for its loan program has agreed to pay more than $8 million in restitution to the State, according to the Attorney General’s Office.

NCAS of Delaware LLC – doing business as Advance America Cash Advance Centers and Advance America Cash Advance Centers Inc. – agreed to pay restitution, provide an additional $2 million to the Commonwealth and forgive unpaid principal balances of approximately $12 million.

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