Status: closed
Citizens Bank (Home Equity Lines of Credit or “HELOC”)
Defendant: Citizens Bank
Alleges that Citizens Bank accelerated the repayment of HELOC and increased the minimum payment contrary to the HELOC agreements. HELOC borrowers in either the draw period or repayment period who opened the account between June 23, 2005 and July 8, 2006 may be eligible to choose the calculation method for the repayment of HELOC.