Capital One Bankruptcy Credit Reporting Settlement

When consumer debts are discharged in a Chapter 7 bankruptcy, companies that furnish credit information to credit reporting companies must update the information they provide to show that the debts were discharged. This settlement resolves a class action alleging that Capital One did not do this when the debts were discharged in bankruptcy after they  Read more

Merchants’ Choice Payment Solutions Settlement

Merchants’ Choice Payment Solutions, Woodforest National Bank, and Paysafe Payment Processing Solutions, LLC are putting together $15,000,000 to settle a class action alleging that they caused merchants to unknowingly unroll in the Merchants’ Choice payment processing services. Also, the complaint alleged that Merchants’ Choice added unauthorized choices to their invoices, including annual fees, batch header  Read more

Chase Bank USA Credit Card Debt Settlement

Chase Bank USA is putting up $11.5 million to settle a class action alleging that it did not update its reports to credit agencies when accounts sold to debt buyers were discharged in Chapter 7 bankruptcy proceedings. The complaint claims that the account holders’ credit reports continued to reflect that the debts were sold or  Read more

JP Morgan Chase False Reasons for Credit Denial ECOA Class Action

Plaintiff David Denton researched credit products so he could consolidate his debts at favorable terms, the complaint for this class action says, and he eventually settled on a credit card offered via a pre-screened solicitation by JP Morgan Chase with favorable balance transfer terms. He obtained the card, but when he actually tried to make  Read more

Wells Fargo Unauthorized Accounts Settlement

Wells Fargo has agreed to settle a class action alleging that its employees had opened checking or savings accounts, credit cards, or lines of credit or submitted applications for these things in the names of customers without the customers’ authorization.  Read more

Wells Fargo and Mississippi Iron Works Credit Card RICO and TILA Class Action

According to the complaint for this class action, when plaintiff John Edward Meeks agreed to take out a loan for new window and door home protection from Mississippi Iron Works (MIW), he had no idea that what he was doing was applying for a Wells Fargo credit card—specifically the Wells Fargo Home Projects Credit Card.  Read more

Deceptive “No Interest” Financing Offer Investigation

Let’s say you buy a great new TV for $2,400 with the promise that you will pay no interest if you pay it off in 24 months. You faithfully pay $100 every month, but in the final month, you have unexpected expenses, so you pay only $25. After all, you only owe $100 now, right?  Read more

HSBC California Call Recording Settlement

This agreement settles three California class actions alleging that HSBC Card Services, Inc. and HSBC Technology & Services (USA), Inc. violated CIPA by recording or monitoring telephone calls to cardholders without the cardholders’ consent.   Read more

Chase Rewards Points Forfeiture Class Action Settlement

The plaintiffs in this lawsuit allege that JP Morgan Chase unlawfully forteited unused credit card reward points when the credit card accounts were closed.  Read more

Bank of America Credit Line Protection Plan Enrollment Alleged to Violate TILA

This lawsuit alleges that Bank of America deceptively enrolled customers in and charged for insurance plan protection products without express and informed consent, in violation of the Truth in Lending Act.    Read more