Citibank Credit Card Class Action Lawsuit Saturday, 28 August 2010 13:24
A class action settlement has been reached in a class action lawsuit pending against Citibank (South Dakota), N.A. (“Citibank” or “Defendant) in the United States District Court for the Central District of California (Hoffman v. Citibank (South Dakota), N.A., Civil Action Case No. SACV 06-571 AJG (MLGx) alleging, among other things, that Citibank improperly imposed increased interest rates on Citibank credit card customers due to delinquency or default without giving prior notice, according to the Citibank class action settlement notice.
Details: The Citibank credit card class action lawsuit alleges that Citibank raised interest rates on their credit cards for card holders who defaulted on their credit line or were delinquent in their payments without properly notifying Citibank card holders of the pending changes to their credit card account.
Citibank (and most credit card companies) have raised interest rates on card members who are late on their payments or didn't pay their balance at all. These card members typically see their interest rates increased by 25 - 100% or more depending on their credit card agreement. If you had a Citibank credit card between May 5, 2002 and May 24, 2010 and Citibank raised the interest rate on your credit card due to a delinquent payment or default on your credit card you may be included in the Citibank Credit Card Class Action Lawsuit Settlement.
To submit a claim in the Citibank Credit Card Class Action Lawsuit you need to contact United States District Court for the Central District of California. You will need to provide your name, address and Citibank account number. Note, you don't need to provide the expiration date to your Citibank account, just the account number. Request a Citibank Credit Card Class Action Lawsuit Claim Form and send it to the United States District Court for the Central District of California (also listed on the claim form.)
Remember, if you don't sign and date the Citibank Class Action Lawsuit Claim Form your claim may be denied. Don't forget to sign and date it!
FTC Notice Beginning December 1, 2009, the U.S. Federal Trade Commission (FTC) began enforcing new rules regarding transparency in advertising relations between product endorsers, advertisers, affiliate marketers, product reviewers, bloggers, celebrities, and other marketers, and the general public.
Opinions on this blog/website are our own or others we have designated as contributing authors. No one else is responsible for the content. We have not received any compensation for writing posts, articles, reviews, or other content, and we have no material connection to the brands or products mentioned, except as noted below. We do not accept free products from manufacturers or advertisers or free books from writers and publishers in exchange for a review or an article. All of the product reviews on this blog are influenced solely by the performance of the product itself. We do not receive any kind of monetary compensation for content or reviews including cash or free products.
Affiliate Notice We maintain an affiliate/publisher/republisher relationship with hundreds of companies. This page may contain “affiliate links” to one or more of these companies.
An affiliate link is a special URL to the affiliate merchant which lets him/her know you reached his/her site/sales page through my recommendation, text link, or banner ad.
If you follow an affiliate link from this website and purchase a product or service, or complete a lead form, we hope to be paid a commission from the affiliate or CPA merchant. Affiliate links may be textual or banner or both. This site may contain in-context textual ads or banner ads, such as from Google, or others over which we have no control over the content. We may or may not have an affiliate/business relationship with the companies advertising on those services. If you click on one of these links, we hope to be paid a small sum for sending you to that merchant’s site. Otherwise, we would have no reason to give Google and others space on this website.You should consult the respective privacy policies of these third-party ad servers for more detailed information on their practices as well as for instructions about how to opt-out of certain practices. We cannot control the activities of other advertisers or web sites. Unless otherwise stated, the website guest or visitor should assume that any link to a third-party vendor is a paid link, and that the author or website owner may receive compensation for that link.
Legal Information Is Not Legal Advice This site provides information about the law designed to help users safely cope with their own legal needs. But legal information is not the same as legal advice -- the application of law to an individual's specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation.
Consumer Credit Counseling Information, Debt Management Plan Information, Debt Settlement Plan information, Credit Counseling, Credit Score, Consumer Credit Counseling Service, CCCS, Bill Consolidation, Credit Repair, and Debt Consolidation is not advice, and we recommend you consult a licensed credit counseling agency, debt settlement attorney, and/or licensed debt management plan administrator in your state if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation.
