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Violation Tracker Individual Record

Company: Elevate Credit, Inc.
Penalty: $4,150,000
Year: 2022
Date: February 8, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: payday lending violation
Violation Description: Elevate agreed to pay the District $450,000, pay $3.4 million restitution, and forgive $300,000 debt in settlement of allegations it misleadingly marketed loans with illegally high interest rates.
Level of Government: state
Action Type: agency action
Agency: District of Columbia Attorney General
Civil or Criminal Case: civil
Facility State: District of Columbia
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.