Bank of America lawsuit settlement involves mortgage applications
Posted: 02/07/2011
PHOENIX - If you had a home loan or even applied for one through a certain major bank, you may qualify for some money back.
A recent class action lawsuit settlement involves Bank of America.
It claims that the bank delayed giving people their credit scores after they applied for a loan.
Federal law requires it be done in a reasonable time period.
The suit claims Bank of America took up to five days to provide that information.
The settlement involves mortgages and home equity loans between May 2006 and July 2009.
You may qualify even if you only applied for the loan.
Bank of America admits no wrongdoing. There are other qualifying factors and the deadline is Feb. 18.
Go to Topclassactions.com to find out if you qualify and file a claim.
Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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