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: Bodily Injury BlogAppeals Court Rules for Bank of America on Fees
By Edward Bills
A federal appeals court dealt a blow to credit card users Thursday in ruling that banks may charge retroactive penalties for customers who exceed their credit limit too often. In the decision, the 7th Circuit Court of Appeals found that Laura Swanson was not entitled to relief from Bank of America under Illinois law because the company is a national bank. The case is Swanson v. Bank of America.
Full post as published by Bodily Injury Blog on March 20, 2009 (boomark / email).
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