Dell Inc. says it is settling a class-action lawsuit that claimed the company made misleading financing and service offers to P.C. buyers.

The lawsuit claimed Dell offered customers zero-percent financing but later applied a high interest rate without their knowledge. The lawsuit also claimed problems with Dell's warranty service and rebate programs.

Dell will pay $3.85 million to 45 states participating in the settlement. The states covered by the settlement include Tennessee, Alabama and North Carolina.