Target Off Hook In Credit Card Switch Class Action

Law360, New York (March 19, 2014, 6:04 PM EDT) -- The Seventh Circuit on Wednesday upheld the dismissal of a proposed class action accusing Target Corp. of pushing millions of deceptive, unsolicited credit cards on people with low credit scores, holding the new cards were actually upgrades to existing cards.

Target Visa cards, which replaced store-branded “guest cards” that could be used only at the retailer, fell within the “substitution” exception to the Truth in Lending Act’s prohibition on sending out unsolicited credit cards, the Seventh Circuit said.

The plaintiffs had claimed Target inconvenienced millions of...
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