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Class members can opt out of the monetary part of the settlement in addition to objecting in court. Visa, MasterCard, and issuing banks can scuttle the settlement if merchants that account for 25 percent or more of credit card spending in the United States since January 1, 2004, to the approval of the settlement. [11]
The settlement is set to lower swipe fees merchants pay when customers make purchases using their Visa or Mastercard by $30 billion over five years, according to a press release announcing the ...
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Total settlement: $60 million. Deadline to file claim: May 18, 2023. Requirements: Must have been an unlimited data customer between Oct. 1, 2011 and June 30, 2015.
Capital One: Call the Capital One personal credit card service line at 1-800-227-4825 to start the settlement process. Citi : Call Citi’s customer service line at 1-800-347-4934 for help with ...
Payment Card Interchange Fee and Merchant Discount Antitrust Litigation: price fixing and other allegedly anti-competitive trade practices in the credit card industry: 2012 Pigford v. Glickman: racial discrimination in its allocation of farm loans and assistance: 1999/2010 Price v. Philip Morris, Inc
Cash App customers may be able to claim more than $2,500 each as part of a $15 million class-action settlement for data and security breaches at the mobile payment service.
Cons of debt settlement. Negative impact on credit score. Fees associated with the debt settlement process, even if it is unsuccessful. Requirement to adhere to a structured repayment plan