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JPMorgan (JPM) settles for $100M a class-action suit accusing it of boosting minimum credit card...
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Tuesday, July 24, 2012, 1:10 PM ETJPMorgan (JPM) settles for $100M a class-action suit accusing it of boosting minimum credit card payments as a way to generate higher fees. The suit stems from the bank - at the height of the financial crisis - jacking the minimum payment for thousands from 2% of the balance to 5%.
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Then we can sue each other for not returning the orbital sander.