Examples beyond Payday Advances. The FTC has had a number of instances against online merchants that deceptively enroll customers in account groups as well as other add-on solutions

Examples beyond Payday Advances. The FTC has had a number of instances against online merchants that deceptively enroll customers in account groups as well as other add-on solutions

Example: Baptiste v. Chase

The difficulties that customers face once they ask their financial institution for assistance with stopping re re re payments and shutting a free account are profoundly illustrated in a 2012 federal lawsuit brought by brand brand New Economy venture against JPMorgan Chase Bank on the behalf of two low-income feamales in ny, Sabrina Baptiste and Ivy Brodsky.16 Online loan providers had made payday advances to both females then over over over and over repeatedly debited their bank records, draining them of funds. Read more