4th Circ. Says Credit Card 'Offset' Ban Applies To HELOCs

By Ali Sullivan · August 14, 2024, 9:42 PM EDT

Creditors are prohibited from withdrawing funds from a cardholder's deposit account to cover outstanding payments on a home equity line of credit without the borrower's consent, a divided Fourth Circuit panel...

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Documents

Case Information

Case Title

William Lyons v. PNC Bank, N.A.

Case Number

22-1943

Court

Appellate - 4th Circuit

Nature of Suit

3480 Consumer Credit

Date Filed

September 09, 2022