Skip to content Skip to navigation

Misrepresenting Terms of Loan

Mariner Star Logo

This settlement resolves a class action against Mariner Finance, LLC. The complaint alleged that Mariner charged customers refinancing charges but did not include those with the simply interest rate in the promissory notes, possibly because the interest rates might then higher than allowed by Maryland laws.

Mississippi Iron Works Image

According to the complaint for this class action, when plaintiff John Edward Meeks agreed to take out a loan for new window and door home protection from Mississippi Iron Works (MIW), he had no idea that what he was doing was applying for a Wells Fargo credit card—specifically the Wells Fargo Home Projects Credit Card. The complaint alleges that, as a standard practice, the salesperson fills out the paperwork, and claims this is done as a deliberate deception, so that the consumer never learns the details of what he’s actually applying for. The complaint further says that Wells Fargo reports the credit cards as open-ended, revolving credit accounts, which may harm the credit histories of consumers. Among the complaint’s allegations are violations of RICO laws and the Truth in Lending Act.

Del Amo Store

Too Fast, Inc., doing business as Del Amo Motorsports, has agreed to settle a class action that alleges that it violated California’s Rees-Levering Automobile Sales Finance Act when it sold motorcycles using credit cards offered under names such as the “Kawasaki Card” or the “Suzuki Card.” The complaint claims that Del Amo sold motorcycles as credit card transactions without making all the disc

Truth in Lending Act

The complaint for this class action asserts that the defendants—Wells Fargo, Windows USA, and a company related to Windows—used unfair pressure tactics and outright misrepresentations to lure potential customers in to signing agreements, related to window replacements and their financing, that did not provide what they were said to provide.