Credit One will pay $10.2 million to settle a civil lawsuit alleging the bank made unreasonably frequent and harassing calls to telephone numbers across California trying to collect consumer debts, according to Santa Clara County District Attorney Jeff Rosen.
The case was investigated and prosecuted by the California Debt Collection Task Force, a statewide team comprised of the district attorney’s offices in Santa Clara, San Diego, Los Angeles, and Riverside counties.
This is the fourth court-approved settlement announced by the task force, following multi-million-dollar judgments reached against Capital One (2022), Synchrony (2021), and Allied (2018)…