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Home » Store » News » Household Settles Predatory Lending Charges, But Can It Survive the Cure?

Household Settles Predatory Lending Charges, But Can It Survive the Cure?

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Household Finance late last week reached a landmark settlement of predatory lending charges that officials hope will put its consumer litigation problems behind it. But observers are questioning whether the company will be able to sustain its major presence in the subprime lending and securitization markets.
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