Recent Posts in Debt Collection Category
PNC Among Banks Changing Policies Following Lawsuits Over Overdraft Charges
Posted By Golomb & Honik, P.C.
Beginning December 1, PNC Bank will cease the reordering of debit card transactions and checks in order of highest amount to lowest, a practice consumer groups have long decried as a deceptive way to collect more overdraft fees. Debt transactions and checks will now be processed in the order they come in under the new policy. PNC agreed to pay $90 million earlier this year to settle a federal ...
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