said by Gbcue:
Nothing new, but the CC companies have been hit with a class action lawsuit charging them of overcharging for conversions.
I HATE class actions, especially when they propose to represent my interests.
Usually, I get a coupon for $2.00.
The lawyers get a coupla million, and the sucker they con into being the lead plaintiff gets a coupla thousand for their trouble.
And the company sued gets off cheap, and everybody else loses.
In this case, they'll make up for the settlement by jacking up the late charge again... tell me now -- who wins that case?--
Read your contract and TOS before signing anything.