OK AG joins lawsuit against OneMain Financial
Oklahoma's Attorney General is joining a lawsuit alleging OneMain Financial charged hidden fees and interest to consumers nationwide.Summary
Oklahoma Attorney General Drummond has joined a lawsuit with 12 other states against OneMain Financial, alleging the company charged consumers hundreds of millions of dollars in hidden fees and interest. The lawsuit claims OneMain obscures crucial details about add-on products within lengthy legal documents and utilizes small print on smartphones, making terms difficult to read. Furthermore, the suit alleges misleading practices when encouraging loan refinancing. OneMain denies the allegations, stating they operate “honestly and transparently” and will “litigate this case vigorously.” The company asserts the claims are factually and legally incorrect and were previously reviewed and resolved by the Consumer Financial Protection Bureau. The Oklahoma Attorney General’s office is encouraging consumers with complaints about OneMain to contact their Consumer Protection Unit at 1-833-681-1895.
(Source：Ktul)