Fleet Financial Group said Thursday it would pay up to $115 million to settle charges of unfair lending brought against it by Georgia's attorney general and the governor's Office of Consumer Affairs.

At the same time, Fleet said it had settled some related litigation brought by other parties on Georgia involving high-interest loans made by Fleet's consumer finance subsidiary.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.