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Tag Archives: Credit
Consumer Cannot Challenge Credit Card Agreement Under Consumer Legal Remedies Act
Question: May a consumer challenge a credit card agreement as "unconscionable" under the Consumer Legal Remedies Act? Answer: No, according to the Fourth District court of appeal in Ball v. FleetBoston Financial Corporation (G038894), decided June 5, 2008. There, a … Continue reading
Net credit to private sector grows by over Rs 266 billion: SBP governor lauds role of banking sector
KARACHI (May 05 2007): Governor, State Bank of Pakistan, Dr Shamshad Akhtar appreciated the role of banking sector and expressed satisfaction over the growth in credit disbursement to private sector during July-April FY07 where net credit to private sector grew … Continue reading
EBA Publishes Consultation Paper on RTS on Standardized Approach for Counterparty Credit Risk
On May 2, the European Banking Authority (EBA) published a consultation paper on four draft regulatory technical standards (RTS) on the standardized approach for counterparty credit risk under Article 277(5) and Article 279a(3) of the proposed Regulation mending the … Continue reading
Posted in Banking and Finance law
Tagged Approach, Consultation, Counterparty, Credit, Paper, publishes, Risk, Standardized
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Who Is Ford Motor Credit Company, LLC?
Minnesotans have on average $113,455 in debt. Aside from a mortgage, the second most likely cause of debt in Minnesota is auto loans. Many of our St. Paul clients have purchased an automobile through Ford Motor Credit Company LLC. As … Continue reading
Are counter-affidavits effective in credit card collection cases? – Houle v. Capital One (Tex.App. 2019) (summary judgment appeal)
Last Friday the Supreme Court of Texas decided two debt collection cases. In Godoy v. Wells Fargo, the Court approved and enforced a contractual waiver of the 2-year statute of limitations applicable to deficiency claims, and judicially substituted the four-year … Continue reading
Posted in Banking and Finance law
Tagged Card, Cases, Collection, counteraffidavits, Credit, Effective
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