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United States First Circuit


Shaner v. Chase Bank USA, 09-1157

Dismissal of a class action relating to interest rate charges on late bank credit card payments is affirmed where: 1) plaintiff's transactions took place prior to August 2009 when the statutory changes and the revised regulations took effect; and 2) the increased APR is not an illegal penalty

Appellate Information

  • Decided 11/25/2009
  • Published 11/25/2009

Judges

Court

  • United States First Circuit

Counsel

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