Class Action

American Express National Bank

Class Action

American Express National Bank


Case Name (Date)

Padao et al. v. American Express National Bank
22-cv-145, E.D.N.C.
(April 2022)


Product/Service

Credit cards and interest-bearing accounts


Allegations

Marketing itself as dedicated to military members, veterans, and their families when the bank charges them interest rates and fees that are so high they violate federal law and the bank’s own military benefits program


Status

Stayed



Class-Action Tracker

American Express

Class Action

American Express

Allegations: Falsely representing that American Express only conducts hard credit score inquiries (which impact credit scores) if applications are approved and applicants accept the credit cards when the company actually…


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Fine Print in Credit & Loan Ads

If you’ve ever had the stamina to sit down and try to read a credit card disclosure statement (often the size of a paperback novel), you know that the Sometimes…