Credit-card processing fees draw lawsuitRICHARD NEWMAN, STAFF WRITER
Tom M. Thomas II: Texas credit card lawsuit attorney, debt lawsuit defense. Been sued by a credit card attorney, credit card company or debt collector? Texas credit card lawsuits can be defended.
It is this lack of enforced standards and transparency that often prevent merchants from being able to make an apples-to-apples comparison when selecting a provider. My hope is that the lawsuit will help provoke enforced standards and needed transparency in the card processing industry. Rates...
Are Credit Card Surcharges Legal? If you’re wondering if it is legal to charge credit card fees, the short answer is yes in most states. The practice of surcharging was largely outlawed for several decades until 2013 when a class action lawsuit permitted merchants in several U.S. states...
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit. Sep 24, 2024 Here's how the Fed's rate cut could impact your credit card balance The Fed has slashed borrowing costs for the first time in more ...
Federal Judge Grants Class-Action Status To First USA Lawsuit.(Brief Article)(Statistical Data Included) A federal judge in Washington State has granted class-action status to a lawsuit filed against First USA Inc., a credit card unit of Bank One Corp. of Chicago, that alleges fraud and vio...
U.S. Chamber of Commerce filed a lawsuit against the CFPB in early March 2024, arguing that the federal agency's rule violates the CARD Act of 2009 by preventing credit card companies from “collecting reasonable and proportional late fees when cardholders don’t pay their bills on tim...
Less than a week after suing, Disney settled an antitrust lawsuit against Visa and Mastercard on Wednesday accusing the credit card companies of charging bloated processing fees.According to a court document, Disney moved to dismiss the suit. Terms of the deal weren’t disclosed.The suit r...
Depending on your issuer, the consequences for skipping credit card payments may range from lower credit scores to a potential lawsuit. Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not infl...
Consumers typically said they paid $149 or more for the card and gift package, plus a monthly fee of about $14.95, but did not receive the card or the gifts.Apparently topping the Illinois record for telemarketing fraud, the companies are now accused, in a joint FTC and AG lawsuit, of ...