Electronic Funds Transfer Act (EFTA) Claims

For most people, using debit cards, credit cards and Automated Clearing House (ACH) transfer is quickly becoming the norm. We have come to trust this way of doing business in part because of the Electronic Funds Transfer Act (EFTA).

The EFTA requires banks and other companies to obtain approval from you before debiting or crediting your accounts. When approval is not obtained, consumers may be entitled to compensation.

If you believe you were subject to undisclosed or unauthorized bank fees at an ATM or if your privacy was invaded after a transfer of electronic funds — clear violations of the EFTA — an experienced Minnesota consumer lawyer with a recognized reputation for results can work to protect your rights.

At the Consumer Justice Center, consumer law attorney Tommy Lyons has dedicated his career to safeguarding the interests of people just like you. We serve clients in Minnesota, Wisconsin and the Dakotas, throughout the Upper Midwest and across the nation.

Since 1996, the CJC has offered innovative legal services, personal attention, proven expertise and keen client focus to victims of abusive debt collection, unfair credit reporting, inaccurate background checks and other forms of consumer fraud.

ATM Financial Fraud

Your response to an undisclosed or unauthorized fee levied by a bank during an ATM transaction can be part of and inspiration for a class action lawsuit that sends a strong message — and the CJC is fully prepared to fight right alongside you.

During his more than 15 years of consumer law practice, Tommy Lyons has been an aggressive, compassionate champion of the underdog — a diverse clientele that includes a broad range of individuals defrauded by financial institutions.

You may be able to recover bank fees and attorney fees with a lawsuit against a bank or chain of banks. A class action by defrauded customers can be settled for damages amounting to 1 percent of a bank's net worth. Please contact the CJC today to discuss the possibility of an ATM fee fraud case.

Conditional Loan Violations

Sometimes lenders such as payday loan companies set up conditions for granting credit. While lenders may be allowed to set up certain conditions, they are not allowed to require preauthorized electronic funds transfer as a condition of approval.

If a lender required you to sign an ACH preauthorization before extending credit to you, you may have a claim for violation of the EFTA.

Considering An EFTA Claim? Call Us For A Free Consultation.

Our Minnesota EFTA attorney can speak with you free of charge. Call the Consumer Justice Center at 800-556-6752 toll free to arrange your free initial consultation. Wherever you are in the U.S., we can help.

Do not worry about attorneys fees. We work on a contingency fee basis, which means you owe no attorney fee unless we win your case. It also means you have absolutely nothing to lose and potentially everything to gain by contacting us.