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A.C. Israel Enterprises

A.C. Israel Enterprises settled a $25.5 million class action over loans with allegedly illegal interest rates.

ClosedUnited States-wideClaim status: Claim window closedPayout: VariesNo longer claimable

About this settlement

Class action settlement addressing allegedly unlawful loan interest rates charged by A.C. Israel Enterprises.

This settlement resolves claims that A.C. Israel Enterprises violated federal and state laws by making and collecting loans with interest rates exceeding legal limits. Eligible borrowers from specified loan programs may receive compensation.

Who qualifies

  • Individuals who obtained a loan from Golden Valley, Silver Cloud, or Majestic Lake at any time.
  • Individuals who obtained a loan from Mountain Summit before February 1, 2021.

Varies

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