Split 6th Circ. Blames Fifth Third For Ambiguous APR Terms

By Dorothy Atkins (May 28, 2019, 10:10 PM EDT) -- A split Sixth Circuit revived a proposed class action Tuesday alleging Fifth Third Bank falsely advertised advance cash loans as having a 120% annual percentage rate when it could be as high as 3,650%, faulting the lower court's conclusion that the bank's contractual definition of APR is not ambiguous....

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