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.
WATCH: Amazing configurations to rock classics
Not only are the configurations dazzling, but these classic rock covers by Ohio State's marching band are worth the watch and listen.
IMPD officer shoots alleged GameStop robber
An Indianapolis Police officer shot an alleged robber Saturday night at a south side GameStop.
7 bodies now found after Gary man's confession
A total of seven bodies have now been found after a Gary man confessed to murdering several women.
Ind. dog missing in South reunited with family
After being missing for months in a strange land, an Indiana dog is back where she belongs.
Better Business Bureau warns of Ebola scams
The Better Business Bureau and several government agencies are warning the public to be on the lookout for scams related to the Ebola virus.
DNR: Cool rains may shorten fall foliage season
The state Department of Natural Resources says the fall foliage season may be as colorful, but not as long, as usual.