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Article: Bank card issuer agrees to pay $250,000 in redress to settle charges of misleading public benefits recipients regarding electronic transfers to bank accounts; ATM cards promoted as having "no up-front fees" and "no overdraft protection fees".
- Article from:
- M2 Presswire
- Article date:
- February 7, 2000
CopyrightCOPYRIGHT 2000 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-7 February 2000-US FTC: Bank card issuer agrees to pay $250,000 in redress to settle charges of misleading public benefits recipients regarding electronic transfers to bank accounts; ATM cards promoted as having "no up-front fees" and "no overdraft protection fees" (C)1994-2000 M2 COMMUNICATIONS LTD
RDATE:04022000
The Federal Trade Commission has negotiated a settlement agreement with an Atlanta, Georgia company, under which the company has agreed to pay $250,000 in consumer redress for allegedly misleading public benefits recipients and other consumers in its marketing of the "Delaware Bank Card," an automated teller machine (ATM) bank ...
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