SMC-1148BanksCase file
Snap Finance: $662 million in lease-to-own debt canceled in 17 states
Snap Finance offers lease-to-own agreements through partner merchants. State attorneys general alleged that Snap used misleading disclosures, did not let customers see their full contract terms, and led some to believe they had payback windows of 100 days or less when their co…
Reported: Snap Finance
- Reported losses
- $662M
- People affected
- 0 affected