“Consumer Files Class Action Against Synchrony Bank Over Medical Loans” (South Shore Press, September 6, 2024) discusses a class action lawsuit filed in the United States District Court for the Eastern District of New York against Synchrony Bank over allegations of high-interest "CareCredit" loans for urgent medical or veterinary care.
Pollock Cohen's managing partner, Adam Pollock, and associate, Anna Menkova, represent the plaintiff S.G. This case highlights the concerns regarding the legality of the interest rates charged and potential violations of New York’s usury laws, which set strict limits on loan interest rates.
