Russian Man Outwits Credit Card Company Using Its Own Tactics
Date published: 16th August 2013
Agarkov used the card for two years, but the bank ultimately canceled it and sued Agarkov for $1,363 in charges, interest and late-payment fees. A court ruled that, because of Agarkov’s no-fee, no-interest stipulation, he owed only his unpaid $575 balance. Now Agarkov is suing the bank for $727,000 for not honoring the contract’s terms, and the bank is hollering fraud.
“They signed the documents without looking. They said what usually their borrowers say in court: ‘We have not read it,’” Agarkov’s lawyer said.
Source: Russian Man Outwits Credit Card Company Using Its Own Tactics - disinformation