Banks are Key to Stopping Payday Loan Abuse Consumer News Banks are Key to Stopping Payday Loan Abuse Feds asking banks to close down access to consumers’ accounts.
Onn Power Banks Class Action Onn Power Banks Allegations: Deceptively inflating the mAh ratings for Onn power banks
CATrends: The mAh Ratings of Portable Chargers (aka Power Banks) Consumer News CATrends: The mAh Ratings of Portable Chargers (aka Power Banks) Class-action lawsuits allege that the mAh ratings of several portable chargers are greatly exaggerated.
Belkin Power Banks Class Action Belkin Power Banks Allegations: Falsely representing the mAh rating of power banks as higher than it actually is
Charmast Power Banks Model W1056 Class Action Charmast Power Banks Model W1056 Allegations: Marketing products as safe without disclosing that they pose a fire risk because the batteries in them can overheat and ignite
CATrends: Zelle Money Transfers Misleadingly Marketed as Safe and Secure Consumer News CATrends: Zelle Money Transfers Misleadingly Marketed as Safe and Secure Lawsuits allege app fails to disclose lack of protections against fraud and recourse for the defrauded.
Coronavirus Spawns Class-Action Lawsuits as Consumers Seek Refunds Consumer News Coronavirus Spawns Class-Action Lawsuits as Consumers Seek Refunds The pandemic has also triggered lawsuits over privacy issues with some video conferencing apps, and more.
Office of Comptroller of the Currency Consumer Basics Office of Comptroller of the Currency The OCC is charged with regulating and supervising all national banks and federal savings associations in order to ensure that they comply with relevant laws and treat customers fairly. As…
Federal Deposit Insurance Corporation Consumer Basics Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation (FDIC), which was formed in 1933, is a U.S. government corporation that generally focuses on guaranteeing the safety of deposits in member banks.
Klarna’s Buy Now, Pay Later Service Class Action Klarna’s Buy Now, Pay Later Service Allegations: Misleadingly representing that Klarna is a free service without adequately warning consumers of the risk that banks processing payments will charge them overdraft fees
Zelle at Navy Federal Credit Union Class Action Zelle at Navy Federal Credit Union Allegations: Marketing Zelle as “backed by banks,” “safe” and providing accountholders with “Zero Fraud Liability” when the credit union denies fraud claims without explanation or recourse
CATrends: Improper Overdraft Fees Consumer News CATrends: Improper Overdraft Fees More than 150 class-action lawsuits have been filed against regional and national banks.
TD Bank’s Marketing of Zelle Money Transfers Class Action TD Bank’s Marketing of Zelle Money Transfers Allegations: Misleadingly marketing Zelle as a fast and “free” way to send money and as a service that “won’t cost you any extra money for the transaction” without disclosing that,…