Court Affirms Action Against Cross Country and Applied Card

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00013677-court-affirms-action-against-cross-countr/

An Albany, NY appellate court ruling has upheld a lower court decision halting a major credit card issuer’s predatory and abusive lending and debt collection practices.

The Appellate Division, Third Department of State Supreme Court in Albany upheld a 2004 decision issued by the late Justice Joseph R. Cannizzaro against Cross Country Bank, one of the nation’s largest sub-prime credit card issuers, and its debt collection affiliate, Applied Card Systems.

For this complete story, please visit Court Affirms Action Against Credit Card Issuer.