Article: WISCONSIN FILES LAWSUIT AGAINST CROSS COUNTRY.(Wisconsin accuses Cross Country Bank Inc., Applied Card Systems with harassing cardholders)

Wisconsin Attorney General Peg Lautenschlager has filed a civil suit against Cross Country Bank Inc., a Wilmington, DE, card issuer, for allegedly harassing cardholders, withdrawing money from their bank accounts without permission and failing to register with Wisconsin's Department of Financial Institutions to conduct business in the state. Lautenschlarger filed the civil complaint Friday in Dane County Circuit Court against Cross Country and Glen Mills, PA-based Applied Card Systems, which services Cross Country's accounts. Cross Country, a subprime issuer, has 30,000 cardholders in the state, and the Attorney General's Office has received complaints from 350 ...

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