Court: Chase could increase interest rates

Court Alerts

The Supreme Court says a credit card company legally increased the interest rate on a man's card without telling him.

The high court on Monday ruled for Chase Bank USA and against James A. McCoy.

McCoy complained that Chase increased his interest rate due to his delinquency or default, and applied that increase retroactively. He says credit card regulations make that illegal because Chase did not notify him until after the increase went into effect.

The lower court had thrown out his lawsuit. Justice Sonia Sotomayor agreed, saying the Federal Reserve Board's interpretation of the regulations said Chase did not have to inform him of the rate increase.

Congress changed the law in 2009 to require credit card companies to give a 45-day notice before raising interest rates.

Related listings

  • Public interviews to be held with 60 applicants to Supreme Court

    Public interviews to be held with 60 applicants to Supreme Court

    Court Alerts 01/20/2011

    A federal judge has rejected a challenge to Iowa's judicial nominating and retention system.U.S. District Court Judge Robert Pratt on Wednesday granted Iowa Attorney General Tom Miller's request to dismiss the lawsuit filed by four conservative activ...

  • 2 lawyer brothers plead guilty in federal land fraud case

    2 lawyer brothers plead guilty in federal land fraud case

    Court Alerts 01/19/2011

    Authorities say two Mississippi lawyers, who are also brothers, have pleaded guilty to conspiracy to commit money laundering and bank fraud.U.S. Attorney John M. Dowdy says in a news release that 57-year-old Charles H. Evans Jr. and 53-year-old Jon C...

  • Court hears appeal from Anna Nicole Smith's estate

    Court hears appeal from Anna Nicole Smith's estate

    Court Alerts 01/18/2011

    The Supreme Court is preparing to hear arguments on whether Anna Nicole Smith's estate should get part of the fortune left behind by her elderly Texas billionaire husband.Lawyers for the deceased former Playmate plan to tell justices Tuesday her esta...

Victorville CA DUI defense Attorneys

The outcome of a DUI defense will have a long-term effect on anyone’s life, making the decision to receive legal representation an easy one. The fact is, most people accused of a DUI are first offenders with no criminal background. Whether this is your first run in with the law or you have had previous convictions, you are in need of a DUI defense attorney.

The charges you are facing for a DUI range from fines, a 12-month suspension on your license and worst-case scenario, prison time. Your attorney will be able to analyze your situation to decide the best way to go about your case.

Our attorneys know the tricky ways to challenge all of the DUI tests and know how to claim improper collection of evidence. We will be able to negotiate on your behalf and free you from charges and help you keep your drivers license. The DUI process can last up to several months, we can make this process easier on you. .

Business News

St Peters, MO Professional License Attorney Attorney John Lynch has been the go-to choice for many professionals facing administrative sanction. >> read