Eagle Loan Class Action Settlement (Ohio Only)
The Eagle Loan class action settlement includes all Ohio residents who borrowed money from the defendant between Aug. 2008 and Aug. 2015 with an interest rate higher than 21 percent.
Proof of Purchase
Adams v. Eagle Financial Services, Inc.,
Case No. 1:12-cv-0729
District Court for the Southern District of Ohio
According to the plaintiffs Eagle loans charged Ohio customers an interest rate higher than 21 percent. Which is higher than what is permitted by state law
The defendants deny the allegations but have agreed to settle to avoid the cost and risk associated to a trial