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First USA class action proposed settlement

AndrewR

Lifer
If you had a First USA card in 1999 (don't have the exact dates in front of me), you should receive a note in the mail regarding a proposed settlement of a class action lawsuit against First USA for deceptive practices on interest rates and late fees from two payment centers. I may be entitled to at least $29 or multiples thereof for late fees, depending on the number of claims.

It's interesting -- heads up for people who had this awful credit card company (mine is cancelled, thankfully).
 
Yeah, these guys REALLY sucked ass. I canceled my card not long ago as well (they would not budge from their 23% interest rate after my promotional rate ended. Unfortunately (or not), I do not believe I am eligible as a plaintiff here.
 
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