Credit Union 1 Overdraft Fees
Allegations: Misrepresenting when consumers will be charged overdraft fees
In August 2020, a class-action lawsuit was filed against Credit Union One for allegedly misleadingly representing that it charges overdraft fees only if there is not enough money in an account to cover a transaction when, according to plaintiffs, the credit union charges overdraft fees on certain transactions even when the account has enough money to cover the transaction. (Thompson et al v. Credit Union One, Case No. 20-cv-12318, E. D. Mich.)
For more of TINA.org’s coverage of lawsuits filed against banks and credit unions, click here.
Allegations: Misrepresenting when consumers will be charged overdraft fees
If you’ve been misled by an ad, regulators want to hear from you. We do too.
It’s easier to rack up hidden fees than it is to cancel.
The only thing more “ridiculous” than the touted benefits is the cancellation process.
Under a proposed bill, theaters could be fined for making moviegoers guess.
Money-back guarantee comes up woefully short of advertised percentage.