The Bank Fraud Lawyers of McCune Law Group (MLG) are currently investigating the deceptive practices of credit card companies that lure customers with the promise of 0% interest rates during promotional periods, only to later surprise them with exorbitant interest charges. One specific target of our investigation is the CareCredit Credit Card, issued by Synchrony Bank. If you have been affected by these unfair practices, MLG is here to assist you in seeking significant compensation through a class action lawsuit or individual arbitration.
The Issue at Hand
Many customers are enticed by the appealing offer of a 0% interest rate on their CareCredit Credit Cards during promotional periods. However, what initially seems like a financially savvy choice can quickly turn into a costly burden. Numerous customers have reported that despite adhering to the terms of the promotional offer, they were unexpectedly hit with high-interest charges once the promotional period ended. This practice is not only misleading but also financially damaging.
MLG is specifically focusing on Synchrony Bank and their issuance of the CareCredit Credit Card. We are gathering information from customers who have experienced this sudden shift from a promised 0% interest rate to a standard high-interest rate during the promotional period. Our goal is to understand the extent of this issue and to determine the most effective legal course of action for those affected.
Potential Outcomes
If you opened a CareCredit Credit Card expecting a 0% interest rate during the promotional period but were later charged regular interest rates, we want to hear from you. MLG is preparing to file a class action lawsuit on behalf of all affected customers. In the event that Synchrony Bank challenges the class action by enforcing a clause that requires individual arbitration, and if a judge upholds this clause, we will consider proceeding with individual arbitration cases for those interested. It is expected that if we move forward with your case, it will initially be filed as a class action. Should Synchrony Bank successfully argue for individual arbitration, we will gauge the interest among affected customers and, if sufficient, we will bring forth arbitration cases. This dual approach ensures that regardless of the legal hurdles, we will strive to secure the compensation you deserve.
Frequently Asked Questions
If MLG moves forward with legal action, the initial approach will likely be to file a class action lawsuit. However, Synchrony Bank may argue that the credit card agreement mandates individual arbitration instead of a class action. If a judge agrees with Synchrony Bank’s position, MLG will consider the number of customers willing to proceed and may then bring individual arbitration cases. Regardless of the legal path taken, MLG is committed to achieving the best possible outcome for affected customers, whether through a collective class action or multiple individual arbitration cases.
Customers who opened a CareCredit Credit Card expecting a 0% interest rate during the promotional period but were later charged regular interest rates may qualify to participate in the class action lawsuit or individual arbitration. MLG is particularly interested in hearing from individuals who feel they were misled by Synchrony Bank’s promotional terms and suffered financial losses as a result.
To join the investigation or potential lawsuit, affected customers should contact McCune Law Group to provide details of their experience with the CareCredit Credit Card. MLG will review the information to determine eligibility and include qualifying individuals in the class action lawsuit. If the lawsuit transitions to individual arbitration, MLG will inform participants and guide them through the necessary steps to proceed with their cases.
To determine if you were unfairly charged, review your CareCredit Credit Card statements, particularly during and after the promotional period where a 0% interest rate was promised. Look for any interest charges that were applied unexpectedly. If you find discrepancies or believe you were charged interest when you should not have been, you may have been subjected to unfair practices, and contacting McCune Law Group can help clarify your situation.
How to Start Your Potential Case
If you believe you have been victimized by these potentially deceptive practices by Synchrony Bank’s CareCredit Credit Card, contact our team today for a free evaluation. We will review the details of your situation and determine if filing a case might be the next step. We will never charge you a fee until a recovery is made. Here is what to expect in the process:
- Step 1: Research and Gather Information – Before reaching out, gather all relevant information about your case. This includes details about the charges and any other parties involved. Take note of the date, time, and type of fee.
- Step 2: Call or Complete the Form for Initial Evaluation – Use the phone number provided or online form to contact our team. You may find it helpful to prepare a summary of your case before making the call or completing the form. This will ensure you provide essential details of the case efficiently.
- Step 3: Schedule a Free Evaluation – Request a free evaluation to discuss your case in detail. We offer free evaluations to assess the viability of your case. During this meeting, you can share the specifics of your situation, ask questions, and get a better understanding of how our attorneys can assist you in a lawsuit. We will never charge you a fee until a recovery is made.
- Step 4: Prepare for the Evaluation – Before the scheduled evaluation, organize all relevant documents and be prepared to articulate the details of your case clearly. This will help the attorney assess the merits of your case more effectively. During the evaluation, feel free to ask any questions you may have about the legal process, potential outcomes, and our approach to financial lawsuits.
How We Can Help
If you have been financially impacted by the potentially deceptive interest rate practices of Synchrony Bank’s CareCredit Credit Card, do not hesitate to contact the team members at McCune Law Group. We are committed to fighting for your rights and helping you reclaim the money you lost. Together, we can hold these credit card companies accountable for their unfair practices.
Speak to a highly experienced team member from McCune Law Group today by completing the form or calling (909) 345-8110 today for a free evaluation!