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Report: Peterson ordered to pay back $2.4M

Washington Redskins running back Adrian Peterson has been ordered to pay nearly $2.4 million to a lending service after he defaulted on a loan, according to court records reviewed by the Baltimore Business Journal.

Democracy Capital Corp. of Bethesda, Maryland -- outside Washington D.C. -- sued Peterson in June claiming that he didn't pay the balance of a $4 million loan he took out in April 2016.

According to court documents, the loan carried a 15 percent interest rate, but when Peterson did not make the first repayment of $200,000 that number jumped to 23 percent.