Household Settlement Less Than US$484 million
The Virginia attorney general reported today, 1 December 2004, that over 260 Virginians have not cashed their settlement checks from Household International.
Perhaps Household’s predatory lending “Live Checks” got these people in a jam in the first place? That is one scenario. Others include new lawsuits, RICO charges, or the checks are framed and hung on the wall.
How much money are we talking about nation wide? How many families? Expect statistics by the summer of 2005.
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We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.