Jessica Pownall vs. PNC Bank

Memorandum in Opposition to Defendant, PNC Bank's Motion to Dismiss Plaintiff's First Amended Complaint


Plaintiff, Jessica Pownall, on behalf of herself and others similarly situated (“Pownall”)filed a class action against Defendant, PNC Bank, a National Association, as successor in interest to National City Bank (“PNC”), based on PNC’s improper assessment of finance charges against Pownall and Class Members, despite timely payment, in violation of the Cardholder Agreement,

TILA and the Federal Reserve Board’s Regulations implementing TILA.

In sum, Pownall alleges that she paid, and PNC received, the full amount of her credit card balance on the due date as indicated on her Periodic Statement. Despite her timely payment

and in contrast to the terms of the Cardholder Agreement (“Agreement”) and Periodic Statement (“Statement”)1 (respectively, Exhibits A and B to the First Amended Complaint2), PNC imposed finance charges against Pownall’s account, thus breaching the contract. PNC, however, points to

language submerged within a paragraph relating to a different subject entitled “Crediting of Payments (Payments mailed through the United States Postal Service),” which states that when a

cardholder pays their balance in full at a branch bank, like Pownall did, “crediting” of those payments may be delayed up to five (5) days. The use of the word “crediting” in this provision is crucial, as pursuant to other provisions of the Agreement and Statement, finance charges would be avoided if the full balance was “paid” or “received” on or before the due date.

LOADING PDF: If there are any problems, click here to download the file.

Reference Info:Legal Memoranda: Motion Addressed to Pleadings | State, 6th Circuit, Ohio | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Forizs & Dogali, P.A. | Attorney Advertising

Written by:


Forizs & Dogali, P.A. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.