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Credit Card Interest Rate Dispute Analysis by Rengie Galo is a document available to read on EtoBox.

What is Credit Card Interest Rate Dispute Analysis about?

This case involves a dispute over interest charges on a credit card. The petitioner argued that the interest rate provision in the credit card contract was ambiguous and allowed Diners Club to unilaterally increase rates. The Court of Appeals upheld the contract. The Supreme Court affirmed, finding that while the contract was one of adhesion, the interest provision was not ambiguous and allowed rates to fluctuate based on market rates, not at Diners Club

Author

Rengie Galo

Language

EN