Pennsylvania’s top law enforcement officer recently entered into a couple of settlements that will help to protect residents.
Along with 16 other states and the Federal Trade Commission, Attorney General Dave Sunday announced an agreement with Family Dollar stores to address allegations that the company routinely charged customers more at the register than the prices displayed on shelves, price tags, and advertisements. This $63 million national settlement will include a $40 million consumer redress fund, payable to eligible consumers, a $20 million discount program for Family Dollar consumers, and payments to the states of about $3 million.
Sunday also announced a 43 state settlement with Acima Digital, LLC and its direct parent company, Acima Holdings, LLC., regarding deception and inflation of costs and fees for consumers financing rent-to-own items. This rent-to-own finance company partners with retailers to offer financing to consumers through rental-purchase agreements but they are accused of deceptively advertising rental-purchase agreements in a manner that misled consumers about the nature and cost, as well as deceptively marking up the cash price of merchandise being rented. Impacted Pennsylvania consumers are expected to receive more than $5 million in restitution and lease forgiveness relief with more information sent to those impacted.
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