The provider in question was providing a service at a variable rate. It had to have been clearly part of the terms.
Who to blame are the regulators. Variable rate loans shouldn’t be allowed and neither should this variable rate wholesale crap.
But suing someone over a bill in a class-action suit? Do you think the consumers will all get refunded fully? The law firm will get that money.
The provider in question was providing a service at a variable rate. It had to have been clearly part of the terms.
Who to blame are the regulators. Variable rate loans shouldn’t be allowed and neither should this variable rate wholesale crap.
But suing someone over a bill in a class-action suit? Do you think the consumers will all get refunded fully? The law firm will get that money.