Ohio Jeweler Settles Claims It Improperly Signed Up Customers For Credit Cards
The New York Attorney General's office and the U.S. Consumer Financial Protection Bureau have reached an 11 million dollar settlement with Ohio-based Sterling Jewelers.
It resolves claims that consumers were signed up for jewelry store credit cards and enrolled in credit insurance without their knowledge or consent. It also says the terms of store cards were misrepresented. The settlement involves several brands, including Kay Jewelers and Jared.