January 2016

Plaintiff Dismisses TILA Claims Against Credit Union

A plaintiff voluntarily dismissed all Truth in Lending Act (TILA) claims against a credit union. Faegre Baker Daniels represented the credit union in the dispute and prompted the plaintiff’s voluntarily dismissal by presenting the opposing counsel with a letter that detailed why the claims were not cognizable. The plaintiff’s claims had alleged that the credit union violated the TILA by failing to provide the plaintiff with necessary disclosures, improperly calculating the loan’s interest rate, overcharging the plaintiff and providing multiple, confusing loan documents. 

The Faegre Baker Daniels website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Baker Daniels' cookies information for more details.