A Bipartisan Group of 13 Attorneys General Sue OneMain Financial Alleging Hidden Loan Add-Ons Led to Higher Costs for Borrowers

A bipartisan group of 13 attorneys general sued the financial company OneMain Financial on Monday, alleging the company placed unwanted additional products and other hidden costs on its loans that led to higher costs for its borrowers.

The lawsuit, filed in New York on Monday, says OneMain employees steered borrowers into purchasing credit insurance and other loan-related products while making deceptive claims about whether the products were required and how they could be canceled.

Read more at AP News