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Wells Fargo Red and Yellow Logo

Wells Fargo Reports Mortgages as Being in Forbearance California Class Action

Lenders, landlords, and employers all use credit reports to screen applicants, to determine whether they want to enter into relationships with them. It is therefore important that credit reports be accurate. The complaint for this class action alleges that Wells Fargo Bank, NA furnishes false information to credit reporting agencies, claiming that certain mortgage accounts  Read more

Loans
Providing Inaccurate Information to Credit Reporting Agencies, Mortgage-Related Unfair Practices, Credit Reports
Shaking Hands over Desk and Documents

MaxLend “Rent-a-Tribe” Payday Loans Illinois Class Action

Are lenders allowed to charge nearly 700% in interest? Not under Illinois state laws. But two entities—Makes Cents, Inc. and Uetsa Tsakits, Inc. (UTI)—who make such loans through the website www.MaxLend.com, purport to be owned by the Mandan, Hidatsa, and Ankara Nation, and to therefore be entitled to tribal sovereignty and tribal immunity. The complaint  Read more

Loans
Predatory Lending, Payday Loans, Excessive Interest Rate
Illustration of GAP Waiver

PNC Bank No Refund of GAP Fees for Early Auto Payoffs Class Action

This class action concerns Guaranteed Automobile Protection (GAP) agreements when customers pay off their auto loans early. The complaint for this class action brings suit against PNC Bank, NA, which does business as PNC Auto Finance, alleging that the company retains unearned GAP fees, when it should be refunding them to consumers after early payoffs.  Read more

Loans
Loan-Related Unfair Practices, GAP Coverage, Failure To Pay For Refund
Capital Plus Financial Logo

Capital Plus Financial Funding of PPP Loans Class Action

Many businesses were put under severe financial strain due to the Covid-19 pandemic. To help alleviate the situation, Congress passed the CARES Act, which, among other things, provided emergency help to small businesses, sole proprietorships, and nonprofits through the Paycheck Protection Program (PPP). But the complaint for this class action alleges that Capital Plus Financial,  Read more

Loans, Government Programs or Benefits
Provisions of Government Programs, Loan-Related Unfair Practices, Covid-19 Related
Ball and Chain Labeled "Debt"

FMA Alliance Multiple Addresses for Debt Dispute Class Action

Congress passed the Fair Debt Collection Practices Act (FDCPA) because of “abundant evidence of the use of abusive, deceptive, and unfair debt collection practices by many debt collectors.” Among other things, it seeks to make third-party debt collectors provide consumer debtors with information that is clear and unambiguous. This class action brings suit against FMA  Read more

Loans
Unlawful Debt Collection, Misleading or Confusing Debt Collection Letter, FDCPA
Figure Carrying Letters DEBT on Its Back

IC System Unclear Settlement Offer in Collection Letter FDCPA Class Action

Congress passed the Fair Debt Collection Practices Act (FDCPA) because of the “abundant evidence of the use of abusive, deceptive, and unfair debt collection practices by many debt collectors.” The complaint for this class action alleges that I.C. System, Inc. (ICS) violates that law in sending letters to consumer debtors which did not make clear  Read more

Loans
Unlawful Debt Collection, Misleading or Confusing Debt Collection Letter, FDCPA
Exchanging Paper Dollar for Paper House

Gregory Funding Payoff Statement Fees Not Yet Incurred Class Action

This class action concerns the kinds of fees mortgage servicers are permitted to add to payoff statements, and how those fees may be figured. The complaint sues Gregory Funding, LLC for two fees added to its payoff statement, alleging that the wire fee should not have been added and that the reconveyance fee is excessive.  Read more

Loans
Unlawful Fees, Servicing Your Mortgage, Satisfaction of Mortgage, Payoff Statement, Mortgage-Related Unfair Practices, Excessive Fees
Fay Servicing Logo

Fay Servicing Payoff Inquiries Regulation X, RESPA Class Action

Fay Servicing, LLC is a mortgage servicer that at times also acts as a debt collector. This class action brings suit against Fay, alleging that it has a “pattern and practice of failing to provide homeowners with an accurate statement regarding the mortgages that it services.”  Read more

Loans
RESPA, Regulation X, Payoff Statement, Mortgage-Related Unfair Practices
Bill Stamped "Past Due" in Red

American Coradius Did Not Provide Creditor Name FDCPA Class Action

The Fair Debt Collection Practices Act (FDCP) sets forth rules for third-party debt collectors who are attempting to collect consumer debts. It seeks to prevent abusive collection practices. Among its requirements are that debt collectors must provide certain information to consumer debtors at their first contact or shortly thereafter. The complaint for this class action  Read more

Loans
Unlawful Debt Collection, Misleading or Confusing Debt Collection Letter, FDCPA, Creditor Name
Person Holding Open Empty Wallet

Midland Credit Letter Unclear as to Settlement Options FDCPA Class Action

As a third-party debt collector, Midland Credit Management, Inc. (MCM) must comply with the Fair Debt Collection Practices Act (FDCPA), a federal law. One thing the law requires is clarity in communications with consumers, so that ordinary people can fully understand their options and make the best choices possible in their circumstances. The complaint for  Read more

Loans
Unlawful Debt Collection, Misleading or Confusing Debt Collection Letter, FDCPA