Fee Holiday? Nice try, Russ. Cardholders are demanding the lawsuit demands that RushCard pay damages and restitution for the period of time cardholders were without money resulting in late fees for bills they were unable to pay, insufficient funds fees for bills that hit their accounts, and more. They also cited account balance issues once their accounts were back online.

The lawsuit states:

Plaintiff’s and class members were fraudulently induced into purchasing RushCards and depositing money into their RushCard accounts because they were led to believe their funds would be ‘safe and protected’ with unhindered access to these monies.

The RushCard program, which launched in 2003, had been a viable alternative for low income families that didn’t qualify for traditional banking plans.

Your thoughts?

Scoop

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