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FDIC Announces $114 Million Settlement With Subprime Credit Card Company Charged With Deceptive Credit Card Marketing
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12/19/2008
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Press Release Number:PR-142-2008
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Release Date:12/19/2008
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Bank Involved:First Bank of Delaware;First Bank & Trust;Columbus Bank and Trust Company (CBT);
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Law Involved:Fair Debt Collection Practices Act (FDCPA);Federal Trade Commission Act;
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Other Notable People Involved:Thomas J. Curry
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Other Institutions Involved:CompuCredit Corporation;Jefferson Capital Systems;
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Related Legal Case:In the Matter of;COMPUCREDIT CORPORATION;ATLANTA, GEORGIA;COLUMBUS BANK AND TRUST COMPANY;COLUMBUS, GEORGIA;FIRST BANK OF DELAWARE;WILMINGTON, DELAWARE;FIRST BANK & TRUST;BROOKINGS, SOUTH DAKOTA;
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Source:FDIC
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