Earlier this month the D.C. Circuit Court ruled that a concessionaire who issued a receipt containing all sixteen numbers of a customer’s credit card had violated the Fair and Accurate Credit Transactions Act (FACTA). FACTA was put in place in 2003 in order to prevent identity theft and strictly prohibits vendors from printing more than the […]
Migliaccio & Rathod LLP is investigating improper interest charges by credit card companies on customers’ accounts. Some customers report that they have been assessed interest months after paying off their credit card bill in full even when the terms of service say this will not happen. Others have noticed interest charges on cash advances months […]
Migliaccio & Rathod LLP is investigating overdraft and improper interest charges by banks and credit card companies on customers’ accounts. Affected customers allege that their banks use a series of techniques that push customer accounts into overdraft, allowing for the charging and collecting of overdraft fees. Deposited checks, for example, may not be processed in […]
Migliaccio & Rathod LLP is investigating a practice by Chase Bank in which the institution charges an annual fee but does not provide a year’s worth of service. A customer has reported on the Consumer Financial Protection Bureau’s Consumer Complaint Database that, after paying a $95.00 annual fee, the credit card was closed by Chase […]
Migliaccio & Rathod LLP is currently investigating British Airways alleged failure to protect sensitive customer data in the wake of a massive data breach. Affected are roughly 380,000 British Airways customers who purchased a ticket between August 21st and September 5th. The data breach includes names, addresses, emails, and sensitive payment information, including a card’s […]
Migliaccio & Rathod LLP is currently investigating misleading charges found on account holders’ statements of Amazon’s credit card with Synchrony Bank. Upon closer inspection of their monthly statements, Synchrony customers are finding a variable charge labeled as “security 5” that is equivalent to 1.66% of the remaining monthly balance. The charge is a form of […]