jakewalker + case 1
Rebecca Tushnet's 43(B)log: Decertification rejected in deceptive credit card marketing case
december 2010 by jakewalker
Plaintiffs alleged that Compucredit deceptively marketed a subprime credit card, the Aspire Visa (some interesting reviews here), to consumers with low or weak credit scores as a way to "rebuild your credit," "rebuild poor credit," and "improve your credit rating." The ads stated that there was "no deposit required," and that consumers would immediately receive $300 in available credit, but in fact, the issuer required a twenty dollar purchase payment to activate the card and immediately assessed numerous fees. These fees, which were hidden in fine print among other information, reduced the available funds by more than half.
deceptive
deception
marketing
43b
classaction
law
case
decision
fedcourt
standing
december 2010 by jakewalker
Copy this bookmark: