United States Third Circuit

The statement that a credit card has "no annual fee," made by a creditor that intends to impose such a fee shortly after consumer accepts terms offered, is an accurate statement only in the narrowest of senses, and not in a sense appropriate to a consumer protection disclosure statute such as the Truth in Lending Act (TILA); thus, taking plaintiff's allegations as true, plaintiff stated a claim under the TILA and dismissal of claim reversed and case remanded.

Appellate Information

• Decided 02/08/2002
• Published 02/08/2002

Judges

• Before:  SCIRICA, ALITO and BARRY, Circuit Judges.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• Michael D. Donovan,Donovan Searles, Philadelphia, PA, Michael P. Malakoff, Malakoff, Doyle & Finberg, Pittsburgh, PA, Attorneys for Appellant.


• For Appellees:
  
• Burt M. Rublin, (Argued), Ballard, Spahr, Andrews & Ingersoll, Philadelphia, PA, Attorney for Appellees.