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Lawyers Investigate Credit Card Rate HikesCase Information | Case ID: 4396 | Credit / Debt
Credit card companies are increasingly offering special low introductory rates and then dramatically increasing the rates without notice, based on any pretense, including such things as a single late payment, or even a negative entry in your credit report. These unfair practices are driving interest rates through the roof. Lawyers are currently investigating claims involving unannounced credit card rate hikes based on late payments or credit reports. Abuses by the Credit Card Companies under investigation include:
(1) Credit Limit Decreases Resulting in Bounced Checks and Overlimit Fees (2) Annual Fees That Trigger Overlimit Fees (3) Special Offers that were not honored InvestigationLawyers are actively investigating credit card companies whose predatory practices involve (1) unannounced rate increases, (2) unannounced credit reductions, (3) overlimit fees triggered solely by annual fees, and (4) special offers that are not honored. If you feel that you have been a victim of any unfair practices by your credit card company, including substantial rate increases, unfair penalties or broken promises, and would like to take a stand by participating in an action against them, lawyers may be of help to you.Earn your ONLINE Paralegal degree at Kaplan University. Click Here! Concord Law School - Get a law degree from the 1st Online Law School Register your Credit Card Companies Rate Increase Free Legal Help Get You The Cash You Deserve Complaint If you or someone you know has been affected by this case, you may qualify for a money settlement as the result of your financial/economic or other damages that may be awarded either prior to a lawsuit or after the initiation of a lawsuit either currently in progress or filed just for you, possibly a class action lawsuit. Please simply register your complaint by clicking here, or click the red "submit" button on this page, and a lawyer will review your Credit Card Companies Rate Increase Free Legal Help Get You The Cash You Deserve complaint. By submitting your complaint, you are asking lawyers to contact you. You are under no obligation to accept their services and you are free to choose which lawyer you want to work with. Lawyers are usually paid out of the proceeds of the settlement or verdict rendered - the lawyers work on "contingency" by fronting the costs of your lawsuit based on their belief that they will recover a settlement for you. At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Credit / Debt Cases of InterestDiscrimination takes many forms, all of them insidious. The parties have reached a final $1.2 million settlement in an action filed against Flagstar Bank, FSB, on behalf of white customers who alleged that the lender charged them higher fees than minorities in violation of federal and state lending laws. Parties who have not been notified of the settlement should contact the class attorneys as soon as possible. A class action lawsuit has been filed in the Eastern District Court of Pennsylvania against First Financial Asset Management, Inc., a Georgia-based collection agency, for violations of the Fair Debt Collection Practices Act (FDCPA) which prohibits debt collectors from engaging in abusive, deceptive and unfair collection practices. Class members seek injunctive, compensatory and punitive relief. A statewide class action has been filed in Pennsylvania against Irv Borenstein, Esq. This action is brought on behalf of all Pennsylvania residents who, since December 5, 2002, have received a letter from Borenstein's law firm in an attempt to collect a debt. Consumers allege that certain language contained in the letters sent by Borenstein violate the federal Fair Debt Collection Practices Act and are seeking unspecified compensatory damages, statutory damages and injunctive and declaratory relief. American Express Financial Advisors (AEFA), a division of American Express, was served August 1, 2005 with a motion that asked Federal Court in Arizona to certify a class of more than 500,000 former AEFA clients. The motion was filed by leading plaintiffs attorneys in Arizona. In the Class Certification motion, the former clients allege that AEFA violated fiduciary duties and perpetrated a scheme to defraud its investing clients through the Company's sale of Financial Plans. A class action has been filed in Maryland against Ocwen Federal Bank FSB on behalf of all mortgage borrowers who, since October 23, 1991, have been charged allegedly unlawful inspection fees by Ocwen. Consumers allege that Ocwen has violated state consumer debt collection and commercial laws and has breached its contract with consumers. Consumers are seeking compensatory, statutory and punitive damages, declaratory relief and a permanent injunction and the disgorgement of funds obtained through unjust enrichment.
A nationwide class action has been filed against collection agency Gold Key Credit, Inc., on behalf of all US residents who have been wrongly billed overdue charges by the company, its parents, or its subsidiaries. The action alleges that Gold Key has violated the federal Fair Debt Collection Act and the Florida Consumer Collection Practices Act. |
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