Netspend's 'illegal practices' hit NYers with 300% interest on prepaid cards, AG's office says
The settlement requires Netspend to reimburse $735,000 to New York customers and pay a penalty of more than $350,000.
Netspend to compensate overcharged customers in New York settlement
Netspend, a provider of reloadable debit and payroll cards, will pay about $1.1 million to settle New York state accusations ...
fingerlakes16h
Netspend to pay $1 million for illegal fees, deceptive practices
Attorney General Letitia James secured over $1 million from Netspend after an investigation revealed the company illegally froze customer accounts, charged unlawful fees, and imposed excessive ...
Hoodline1d
New York Attorney General Secures Over $1 Million in Relief from Netspend for Charging Illegal Fees
NY Attorney General Letitia James reached a $1 million+ settlement with Netspend for illegal fees and misleading practices ...
How Netspend Makes Money
Netspend makes money through a variety of fees on its prepaid cards Reviewed by Samantha Silberstein Netspend is a financial ...
American Banker3y
Michael Gray
Michael has also previously managed the banking relationships for Netspend. Before joining Netspend, Michael led a strategic payments division at BearingPoint. Michael received his BBA in Finance from ...