This is how the Install App dialog will look like once your App goes live.
INDUSTRY NEWSBANKSLending Suit Against Fifth Third Bank Facing Turning Point At writing, the eight-year-old lawsuit against Fifth Third Bank over its Early Access loans was reaching a pivotal point, with a Federal judge nearing a decision as to whether the case should proceed as a class action suit. The dispute arose from allegations that Fifth Third misled its customers over the interest rate they paid for cash advances between paychecks. While the bank says that it clearly disclosed the fee of one dollar for every $10 borrowed, with an Annual Percentage Rate of 120%, the lawsuit alleges that some customers actually paid more than 3,000%.Allowing the case to proceed as a class action suit would allow plaintiff attorneys to pursue claims on behalf of “hundreds of thousands” of Fifth Third customers who used Early Access loans between 2008 and 2013, according to a court filing by Hassan Zavareei, a Washington, D.C. attorney who represents three of the seven current plaintiffs. Being classified as a class action suit and receiving a losing verdict could cost Fifth Third Bank hundreds of millions of dollars.
