McGraw Sues Bank Of America Corporation And FIA Card Services

{West Virginia}...In a September 30th federal lawsuit against Bank of America Corporation and FIA Card Services, West Virginia Attorney General Darrell McGraw is charging the bank with violating the state’s consumer credit and protection act. The lawsuit stems from how the banks market ancillary fee-based services. McGraw claims the bank marketed these services in a deceptive manner by aggressively marketing toward consumers who have low credit limits. McGraw claims that, when consumers apply for and receive credit cards, a process is triggered whereby a consumer can unknowingly and unintentionally sign up to receive ancillary services, enrolling them in services without their consent in a process called slamming. The suit was filed the same day as McGraw's suit against GE Money Bank.