West Virginia Attorney General Darrell McGraw announced a settlement in the state’s case against Capital One and its sister companies. The case related to the lender’s credit card practices prior to January 1, 2006. Although the settlement means that Capital One does not have to admit to any wrongdoing, the financial institution is ponying up $13.5 million. According to a press release issued from McGraw’s office, “Capital One agrees to provide $3 million in debt forgiveness to West Virginia consumers, $9.5 million to the State of West Virginia to be used for financial relief for West Virginia consumers, and $1 million to the Attorney General’s office for consumer education and restitution.”