Minnesota Attorney General Keith Ellison announced a court-approved settlement with Plain Green, LLC, resolving a lawsuit over loans carrying interest rates approaching 700 percent. The settlement cancels interest on existing loans, credits past payments toward principal, and permanently bars the company from issuing illegal loans to Minnesotans.
Plain Green may collect only the original principal on existing loans; all interest is cancelled and past payments are credited toward principal. The company must bring its lending practices into compliance with Minnesota law and is permanently barred from issuing illegal loans to Minnesotans. No penalties or monetary damages were imposed.
Review customer loan agreements and disclosures for state-specific interest-rate caps, governing-law language, and clear calculation of principal, interest, and payment credits. In vendor and loan-servicing agreements, check obligations to comply with applicable state lending laws, stop collection of unlawful interest, correct account balances, and escalate consumer complaints. This action concerns consumer lending rather than privacy, so it does not itself indicate a need to revise privacy or data-processing clauses.
Entity
Plain Green, LLC
Industry
Financial ServicesOfficial Press Release
https://www.ag.state.mn.us/Office/Communications/2026/09/23_Plain-Green.asp
01840 Plain Green Order
https://www.ag.state.mn.us/Office/Communications/2026/docs/01840_Plain-Green_Order.pdf
01840 Plain Green Complaint
https://www.ag.state.mn.us/Office/Communications/2026/docs/01840_Plain-Green_Complaint.pdf
Minnesota Attorney General Enforcement Page
https://www.ag.state.mn.us/consumer/
"online lender Plain Green, LLC"
"the settlement does not impose penalties or monetary damages"
"Minnesota’s consumer-lending laws govern conduct directed at Minnesota residents regardless of a lender’s ownership."
"charged Minnesota consumers interest rates approaching 700 percent — more than 80 times the state’s legal cap."
"The company is permanently barred from issuing illegal loans to Minnesotans going forward."
"September 23, 2026"
Minnesota Attorney General Keith Ellison issued a consumer alert explaining how veterans, their families, and others who believe Trajector Holdings owes them money can file claims in the company’s Chapter 11 bankruptcy. The release announces no privacy violation, enforcement penalty, or remedy against the company.
Minnesota and 39 other attorneys general filed a notice in Character Technologies, Inc.’s bankruptcy proceedings raising concerns about the company’s safety and privacy practices and the sensitive information it holds, including children’s private chatbot conversations. The states seek protections for consumers in any sale or transfer of the business or assets; the filing does not impose a penalty or establish a final remedy.
The Minnesota Attorney General filed an Assurance of Discontinuance requiring Auto Tech Donations, Inc. to dissolve after finding that its solicitations and governance did not comply with state requirements. Its president was banned from forming or serving as an officer or director of nonprofits and must provide restitution to donors whose vehicles he resold for personal benefit.
Minnesota Attorney General Keith Ellison and a coalition of 26 states, counties, and cities filed a lawsuit challenging NHTSA’s rule weakening fuel-economy standards for new cars and light trucks. The coalition alleges the rule violates the Administrative Procedure Act and the Energy Policy and Conservation Act; the press release describes a lawsuit filing, not a monetary penalty or final judgment.
A federal court granted summary judgment to Minnesota AG Keith Ellison and a coalition of 22 attorneys general in their lawsuit challenging the CFPB Acting Director’s decision not to seek funding. The court held the refusal unlawful and required the current Acting Director to request necessary funding so the CFPB can continue operating.
$35.0M
Minnesota, the FTC, and a bipartisan coalition of state attorneys general reached a proposed settlement with Corteva over alleged loyalty programs that restricted pesticide distributors from buying lower-cost generic products. Corteva must end the challenged practices, comply with restrictions for 10 years, and pay $35 million to the state plaintiffs, including $1.25 million to Minnesota.