Credit Card

More Credit Card Interest Rate Reduction Scams Shut Down in Florida: YF Solution LLC, QSC Professionals

The operators of an alleged credit card interest rate reduction scam will be permanently banned from the debt relief industry as part of court orders resolving charges by the Federal Trade Commission and the Florida Office of the Attorney General. The defendants—Gino de Paz, Grace de Paz, and Shabana Khublal—allegedly engaged in deceptive and abusive …

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Florida Supreme Court Opens The Doorway To Excessive Credit Card Convenience Fees

In February (2022), the Florida Supreme Court issued an opinion allowing third party, red light, traffic ticket processors to charge credit card convenience fees.  See Pincus v. American Traffic Solutions, Inc. (2022). Incredulously, the Supreme Court found that a 5% credit card fee was not a commission (which would be prohibited by Florida Statutes), but …

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