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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Lloyds Class Action

SAN FRANCISCO - Lloyds TSB Bank promised it would cap principal due on its Convertible Currency Loans at 120 percent of its "cost of funds," but ignored the cap when interest and exchange rates made the principal exceed 120 percent of the original loan, a class action claims in Federal Court.

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