Prime Rate Price Fixing: Were you Overcharged by Your Bank?


Did your bank work with its competitors to inflate your HELOC and credit card interest rates? Scott+Scott has sued major U.S. banks in federal court for allegedly fixing prime rates at artificially high levels – a scheme that may have cost consumers millions in unfair interest payments – and is pursuing recovery for those consumers who overpaid. For years banks have set their prime rate at exactly the same price, making it impossible for consumers to shop around for a better deal.

If you have made credit card payments or a home equity line of credit (HELOC) in recent years, you could be affected and eligible to take part in this class action.

The goal: Hold banks accountable and get your money back.

If you would like to discuss your legal rights with a Scott+Scott attorney, please fill out the form below.

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Scott+Scott is an international law firm known for our work in antitrust, consumer, corporate, and securities law. We have been recognized by several national and international organizations for the successful litigation of highly complex class action claims in the US. We’ve achieved meaningful corporate reforms in addition to significant monetary settlements on behalf of our clients. Our team is led by highly experienced and acclaimed attorneys with deep domain expertise. To learn more about Scott+Scott, our attorneys, or cases explore our website.