July 10, 2024
A California federal judge trimmed a proposed class action against Bank of America, alleging it failed to tell consumers their autopay settings would be canceled if they did not continuously use their credit cards, agreeing with the bank that the Consumers Legal Remedies Act does not apply to credit cards.
September 26, 2023
Bank of America failed to warn its credit card holders that their automatic bill payment settings would be canceled if they did not continuously use their cards, causing customers to fall behind on bills, according to a proposed class action now in California federal court.