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Justice Department settles with Texas-based furniture and appliances chain for charging servicemembers excess interest

Justice Department settles with Texas-based furniture and appliances chain for charging servicemembers excess interest

The Justice Department reached an agreement today with Conn Credit I, LP, Conn Appliances, Inc. and Conn’s, Inc. (Conn’s), to resolve allegations that they violated the Servicemembers Civil Relief Act (SCRA) by charging at least 184 servicemembers excess interest on their purchases. Conn’s, a furniture, mattress, electronics, and appliance store… from therockwalltimesclick here to view...