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06-20-2008, 01:50 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Mar 2003
Location: Homeless
Posts: 62,911
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Credit Card Firm Cut Limits After Massage Parlor Visits
Government regulators are suing a sub-prime credit card issuing firm, alleging that the company secretly profiled its customers' transactions and reduced the credit limits of those who used the cards at bars, marriage counselors and tire retread stores.
The Federal Trade Commission filed the complaint against CompuScore in a federal court in Atlanta on June 10, alleging the Visa-card marketing service routinely abused debt collection law, failed to disclose hidden fees, and withheld the credit limits it promised to subprime borrowers. http://blog.wired.com/27bstroke6/200...-card-fir.html
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