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Mariner Finance Refinancing and Insurance Charges Maryland Settlement

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Settlement Structure: 
Case Summary: 

This settlement resolves a class action against Mariner Finance, LLC. The complaint alleged that Mariner charged customers refinancing charges but did not include those with the simply interest rate in the promissory notes, possibly because the interest rates might then higher than allowed by Maryland laws. It also claimed that Mariner retained a portion of insurance charges, in violation of Maryland laws.

Docket Number: 
24C18000053
Company: 
Mariner Finance, LLC
Class Period: 
Friday, June 29, 2018
Objection Deadline: 
Saturday, October 13, 2018
Exclusion Deadline: 
Saturday, October 13, 2018
Final Approval Hearing: 
Wednesday, December 5, 2018
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