Washington running back Adrian Peterson is reportedly being sued by a Pennsylvania lender, DeAngelo Vehicle Sales, for "allegedly defaulting on a $5.2 million loan, the proceeds of which he used to pay back other debts he incurred, including millions from a 'pay-day lender,'" according to Daniel Kaplan of The Athletic.
Peterson reportedly borrowed the sum in Oct. 2016, with an agreement to repay it within four months in addition to 12 percent interest. If he didn't, another 10 percent interest rate would be added to the initial fee.
According to Kaplan, Peterson was using the loan to pay back "$3,197,250 to Thrivest Specialty Funding" and "$1,339,695 to Crown Bank.