Investigation and a consumer class action against Discover Financial Services that markets and profits from extending credit to consumers through Discover Card credit cards. The investigation involves alleged deceptive and misleading billing as well as unwarranted changes in interest rates being charged to consumers with no late payments or other risky credit history in dealings with Discover Financial Services. If you or anyone you know has had a Discover Card credit card and carried a balance for at least a two month period before paying it off. Furthermore, if you or anyone you know has experienced an unwarranted jump in the interest rate being applied to balances on your Discover Card, please contact us. Congress has recently held hearings on this deceptive practice that essentially punishes responsible consumers by applying default rates even though no late or missed payment occurred.
Name (Stock Symbol)
Discover Financial Services (DFS)
Discover Financial Services is a credit card issuer and electronic payment services company.
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