
1st Phorm’s ‘110% Money-Back Guarantee’
Money-back guarantee comes up woefully short of advertised percentage.
In August 2018, a class-action lawsuit was filed against Apple Federal Credit Union for allegedly deceptively promising that it only charges overdraft fees if there is not enough money in the account to cover a transaction and if the accountholder has given consent when, according to the plaintiffs, the credit union regularly charges overdraft fees when the account has enough money to cover the transaction and without the accountholder’s consent. (Liggio et al v. Apple Federal Credit Union, Case No. 18-cv-1059, E.D. Va.)
For more of TINA.org’s coverage of class-action lawsuits regarding overdraft fees, click here.
Money-back guarantee comes up woefully short of advertised percentage.
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