Attorney General Greg Zoeller says a new settlement will erase $1.5 million of bad debt for 261 military members from Indiana.
Zoeller and attorneys general from 12 other states filed suit against the lender Rome Finance. They accuse the operation of targeting military members with bad loans.
The total settlement clears $92 million of debt for more than 17,000 members of the military.
Zoeller said Tuesday that Rome Finance offered immediate credit to consumers at mall kiosks near military bases so they could make purchases.
However, the agreements the consumers signed didn't accurately disclose financing charges.
Zoeller says Rome Finance also withheld required financial information from billing statements and unfairly collected debt that wasn't owed.
New gluten-free bakery opens in Johnson County
A new bakery in town is changing up tradition and whipping up sweets that would appeal to anyone with a sweet tooth.
Families want investigation into cancer mystery
Coincidence or cancer cluster? Eight people in Henry County have been diagnosed with the same rare brain cancer and their loved ones want answers.
'Unusual bridge movement' closes I-65 northbound
Northbound lanes of Interstate 65 in Tippecanoe County will close for at least 12 hours while crews work to repair a bridge.
Sisters killed after police chase ends in crash
Two sisters were killed Monday evening when suspects running from police slammed into their car.
Fire at Roche facility causes $500K in damage
Crews spent two hours battling a two-alarm fire at a maintenance facility for Roche Diagnostics on the city’s northeast side.