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Wednesday, July 22, 2015

Colorado Retailer Charged With Scamming Military Families

Colorado Says Retailer Scams Military Families 
Courthouse News Service
By EMMA GANNON
July 20, 2015

DENVER (CN) - USA Discounters Ltd. preys on servicemembers and their families, charging them excessive interest and inappropriate fees on credit transactions, Colorado's attorney general says.

Attorney General Cynthia Coffman sued the company, which is also known as USA Living and Fletcher's Jewelers, last week in Denver District Court.

In her complaint, Coffman says the defendants often locate their stores near large military bases, like Peterson Air Force Base and Fort Carson Army Base, both of which are in Colorado Springs and extend credit to military families. However, once the families begin to rely on that credit to make purchases, they are charged exorbitant fees and abnormally high late penalties, and offered extensions on credit accounts that have been closed.
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