Tag Archives: bait-and-switch

Capital One Utilizing Bait And Switch Tactics That Lower Credit Scores – Lawsuit

A class action lawsuit was recently filed against Capital One Financial Corp. alleging that the credit card company utilizes a “bait-and-switch” tactic to entice customers into applying for a Capital One credit card. Capital One represents uniformly in its advertisements and marketing that customers can get pre-approved for a Capital One credit card, a process…

Transamerica Insurance Sued For Breaching Terms Of Elderly Policyholders

Policyholders Claim Massive Rate Increase Unlawful Transamerica Life Insurance Company faces a class action lawsuit over a massive rate increase to its flexible premium life policies. Plaintiffs allege that the 61% increase to their monthly deduction rates (“MDR“) is unlawful and excessive. These policies were issued decades ago. Many policyholders are now elderly and are…