'Astronomical' Interest Rates: $1B Settlement to Resolve Allegations of 'Predatory' Lending Cancels $534M in Small-Business Debts

Clubs and Organizations

January 22, 2025

Through a $1 billion settlement announced by New York Attorney General Letitia James, Yellowstone Capital agreed to wipe out more than $534 million in debt of its small-business clients. It resolves...