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.
How many people will be at the Indy 500?
With the 100th Running of the Indianapolis 500 now sold out, the race will be shown locally on RTV6. But for those who are…
Gregg names Rep. Hale as running mate
Democrat John Gregg named State Rep. Christina Hale as his running mate in the governor's race at a press conference on Wednesday.
Blackout lifted: Indy 500 will be LIVE on RTV6
Officials with the Indianapolis Motor Speedway will lift the local blackout for the 100 th Running of the Indianapolis 500.
Have you seen these missing Indianapolis kids?
Wednesday is National Missing Children's Day, so take a look at ten missing children from Indianapolis. If you see any of them, call…
IMPD officer shoots at 3 armed robbery suspects
Members of the Indianapolis Metropolitan Police Department are looking for three suspects after a police shooting on the city's northeast…