Chevy Chase Bank Victims Society
(CCB's credit card business is
now owned by First USA who are as bad)
****MAJOR NEWS****
Search the page for "Chevy" since TLPJ is helping to defend American citizens on many fronts (because the government won't - especially with the STRONG business leaning from the Republican lead mob)!
THE LATEST NEWS from TLJP: Wells v. Chevy Chase Bank (Maryland State Court)
Maryland’s highest court issued a ruling on September 23, 2003 that gives credit cardholders the green light to proceed with the national class action lawsuit that TLPJ filed against Chevy Chase Bank for breaking its promise “never” to charge more than 24 percent interest. In a 44-page decision with a 1-page dissent, Maryland’s Court of Appeals ruled 6-1 in Wells v. Chevy Chase Bank that the federal Home Owners' Loan Act (HOLA) does not preempt cardholders’ breach of contract claims. As a result, the cardholders will get their day in court to challenge Chevy Chase’s 1996 decision to increase interest rates well above the promised 24 percent ceiling.
Press Release:
TLPJ’s Amended Complaint:
TLPJ’s Reply Brief Opposing Arbitration:
TLPJ’s Opposition to Defendant’s Motion to Compel Arbitration:
Bank Broke Its Promise That
Interest Rates "Will Never Exceed 24 Percent"
For Immediate Release: February 8, 1999
For More Information Contact: Theresa Henige, TLPJ,
202-797-8600
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