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Tag Archives: Citibank

Class Action Suit Filed Against Citibank Over Increased Annual Percentage Rates

Posted in Credit CARD Act

On Tuesday, a putative class of plaintiffs filed a Complaint in the federal district court of Rhode Island against Citibank, alleging that Citibank is illegally raising annual percentage rates (“APRs”) before the effective date of the Credit Card Account and Responsibility and Disclosure Act of 2009 (“Credit CARD Act”).

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