TBA Law Blog


Posted by: Azya Thornton on May 8, 2026

Tennessee Attorney General (AG) Jonathan Skrmetti has announced the state has reached a settlement with Mariner Finance over allegations the company violated multiple consumer protection laws through deceptive lending practices. The lawsuit alleged Mariner charged consumers for hidden add-on products that borrowers were not fully informed about or did not agree to purchase, increasing loan balances by hundreds or thousands of dollars and used aggressive sales tactics to push additional credit onto borrowers. According to a press release, under the settlement, Mariner will provide $11.1 million in consumer relief, including $1 million in restitution to eligible Tennessee consumers and $10.1 million through cancellation of covered consumer debt owed by impacted borrowers. The settlement applies only to Tennessee and does not affect other claims or litigation against the company.