Kessler Topaz Meltzer & Check, LLP is investigating a potential class action lawsuit on behalf of Bank of America and Capital One credit card holders. Specifically, Kessler Topaz is investigating whether Bank of America and Capital One violated certain state and federal laws by improperly increasing the annual percentage rate (“APR”) for certain credit card customers who had missed one payment and also failing to disclose the same to the customer. The potential wrongdoing concerns failing to reverse this “penalty APR” increase after the customer had made the required number of timely payments.
Contact us today if you are a current or former Bank of America or Credit One credit customer who missed one payment and had your APR increased. Please fill out our online form, or contact Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com.