Post by "Pop" Stran on Aug 6, 2005 2:00:03 GMT -5
Fresh from its victory over Cross Country Bank, West Virginia is going after Capital One, charging the Virginia bank uses deceptive and illegal practices.
The suit says Capital One offered pre-approved credit cards with low limits to consumers with poor or limited credit histories or low income.
With membership fees of up to $59 per year and assorted add-on charges, consumers often had little credit left before they even had a chance to use the card, the suit says.