Banks settle WV credit card protection suit - WOWK 13 Charleston, Huntington WV News, Weather, Sports

Banks settle WV credit card protection suit

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  • UPDATE: Route 2 now open following tractor trailer accident

    UPDATE: Route 2 now open following tractor trailer accident

    Monday, August 25 2014 4:00 PM EDT2014-08-25 20:00:48 GMT
    A tractor trailer is blocking part of Route 2. The road is closed until further notice. Drivers heading in both direction are being asked to use the Big Ben Bowen Highway connector by Target to get around.
    A tractor trailer is blocking part of Route 2. The road is closed until further notice. Drivers heading in both direction are being asked to use the Big Ben Bowen Highway connector by Target to get around.

CHARLESTON, WV (AP) — Three banking companies have settled a lawsuit that alleged they used deceptive or misleading tactics to sell credit card payment plans to customers.

The lawsuit alleged that the companies' practices violated West Virginia's consumer protection laws. The attorney general's office filed the lawsuit in 2011.

Attorney General Patrick Morrisey announced the settlement with holding company United National Corp. and subsidiaries First Premier Bank and First Premier Bankcard on Tuesday. He says the companies agreed to pay a total $112,500 to the state.

 

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