Zelle at JPMorgan Chase Bank
Allegations: Marketing Zelle as safe and secure without disclosing that there’s a risk consumers will lose money in fraudulent transactions and the bank will not reimburse them for lost funds
Mortgages from JPMorgan Chase Bank
June 2019: This case was transferred from state court to federal court. (Case No. 19-cv-5834, S.D.N.Y.)
April 2019: A class-action lawsuit was filed against JPMorgan Chase Bank for allegedly misrepresenting that there is no prepayment penalty for consumers who pay off their mortgage early when, according to plaintiffs, consumers who pay off their mortgage early are charged an almost $400 fee. (Kristel-Papp et al v. JPMorgan Chase Bank, N.A., Case No. 655788/2018, Supreme Court of the State of New York, County of New York)
Class-Action Tracker
Overdraft Fees at Chase Bank
Allegations: Misrepresenting when customers will be charged overdraft fees
The Interest-Free Grace Period for Chase Bank Credit Cards
In June 2019, a class-action lawsuit was filed against Chase Bank for allegedly misleadingly offering an interest-free grace period on new purchases without adequately disclosing that accountholders only get the…
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Beware of Credit Card Updating Services
Is your bank giving out information on changes to your credit card accounts?
