Credit Card Company To Pay $10M In CA Lawsuit Over 'Abusive Debt Collection'
Credit One Bank will pay $9 million in penalties and $1.2 million in investigative costs for alleged excessive debt collection calls under California and federal laws.
- Friday's announcement from Los Angeles prosecutors said Credit One Bank agreed to pay just over $10 million to settle a civil consumer protection lawsuit, without admitting wrongdoing.
- Riverside County on Thursday ordered $9 million in penalties and $1.2 million in costs after a lawsuit filed by Los Angeles, Riverside, San Diego, and Santa Clara district attorneys.
- Documents show a prior 2019 federal jury finding that Credit One had a policy allowing eight calls per day plus two additional calls.
- Prosecutors said the outcome sends a strong message, and the settlement requires the company to comply with state and federal debt-collection law.
- Led by county district attorneys, the case began after an investigation by the California Debt Collection Task Force, and Credit One Bank did not admit wrongdoing.
23 Articles
23 Articles
Credit One Bank to pay over $10M to settle lawsuit over debt collection calls
(File photo courtesy San Diego County District Attorney Summer Stephan) Credit One Bank has agreed to pay just over $10 million to settle a civil consumer protection lawsuit alleging the company or its vendors made repeated, intrusive and harassing debt collection calls, the San Diego County District Attorney’s Office announced Friday. The lawsuit — filed by the district attorney’s offices of San Diego, Los Angeles, Riverside and Santa Clara cou…
Credit One Bank to pay $10 million to settle lawsuit over debt collection calls
Credit One Bank has agreed to pay just over $10 million to settle a civil consumer protection lawsuit alleging the company or its vendors made repeated, intrusive and harassing debt collection calls, the Los Angeles County District Attorney’s Office said Friday, Feb. 20. The Nevada-based company — which did not admit wrongdoing — was ordered to pay $9 million in civil penalties and $1.2 million in investigative costs in connection with the judgm…
Credit One Bank Agrees to Pay $10M+ Settlement
Credit One Bank has agreed to pay just over $10 million to settle a civil consumer protection lawsuit alleging the company or its vendors made repeated, intrusive and harassing debt collection calls, the Los Angeles County District Attorney’s Office announced Friday. The Nevada-based company — which did not admit wrongdoing — was ordered to pay $9 million in civil penalties and $1.2 million in investigative costs in connection with the judgment …
Credit One Bank Settles Investigation by California District Attorneys; Denies any Wrongdoing
LAS VEGAS, Feb. 20, 2026 /PRNewswire/ -- Today, Credit One Bank announced that it resolved an investigation by a statewide team of District Attorneys on behalf of the People of the State of California. Credit One Bank expressly denies that…
Credit One Bank to Pay $10.2M to Settle Consumer Protection Lawsuit Alleging Unlawful Debt Collection Calls
LOS ANGELES — Credit One Bank will pay $10.2 million to resolve a civil lawsuit filed by the District Attorneys’ Offices of Los Angeles, Riverside, San Diego and Santa Clara counties alleging that the company or its vendors made repeated, intrusive and harassing debt collection calls in violation of California’s consumer protection laws and the state constitutional right to privacy.“Credit card companies do not have the right to badger consumers…
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