Capital One Accused Of Rigging Credit Card To Collect Fees

Law360, New York (September 4, 2013, 2:15 PM EDT) -- Capital One Bank (USA) NA was hit with a potential class action in Virginia federal court Tuesday alleging it deceived customers about fees and conditions applied to the use of their zero percent APR access checks.

Plaintiff Margaret Murr alleges that Capital One manufactured payment shortfalls in her account to extract fees from her, in violation of her contract. When she tried to pay off her monthly purchase balances, the bank allocated part of each payment to cover the access check balance, ensuring that Murr constantly...
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