Monthly Archives: October 2020
How the Fair Credit Reporting Act Can Help You In the Event of Identity Theft
Identity theft can wreak havoc on your life–not to mention your credit rating. When someone uses your identity to take out a credit card or loan in your name, it can take years for you to clean up the mess. And even when lenders say they will help, they often do not follow through,… Read More »
Third Circuit Finds Rental Car Company “Jackets” Did Not Create Binding Arbitration Agreements
Companies often try to trick customers into binding arbitration agreements. Arbitration is a form of private dispute resolution that typically restricts the legal rights of consumers–and thus heavily favors the business that drafted the agreement. In some cases, consumers may not even realize they have agreed to arbitration at the time they purchased a… Read More »
What Happens to Undistributed Funds from a Consumer Class Action?
Have you ever received a notice in the mail informing you that you are eligible to receive proceeds from a class action settlement? Many people simply ignore these notices and never bother to claim the money that they are entitled to by law. Which begs the question: What happens to the settlement funds that… Read More »
Federal Court Allows Predatory Lending Lawsuit Against Wells Fargo to Proceed
Predatory lending refers to the use of fraudulent, deceptive, or other unfair tactics designed to trick low-income borrowers into taking out mortgages they cannot afford. Predatory lending is not just an individual problem. It creates widespread social disruption, as the higher foreclosure rates on predatory loans often lead to widespread decline in property value–and… Read More »
