(The Center Square) – Mariner Finance has been sued by 11 attorneys general, including Pennsylvania’s Michelle Henry, amid accusations of unlawful business practices.
The lawsuit was first filed in 2022 and amended earlier this week in the U.S. District Court for the Eastern District of Pennsylvania. Mariner had sought earlier this year to have all claims dismissed.
The term often used in description is predatory lending. In most cases, it involves aggressive tactics and unfair loan terms like high-interest rates and fees. Not all are obvious at time of signing by borrowers.
The prosecutors say Mariner, headquartered in Baltimore with 55 locations in seven states, charged customers for “hidden add-on products that they either didn’t know about or didn’t agree to buy,” a release says. The lawsuit says Mariner employees didn’t mention the add-ons or misrepresented them when talking to consumers.
Mariner is accused of illegal sales tactics with new
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