In Santander Class Action, State Appeals Court Clarifies Treble Damage Calculation for Creditors Who Charge Unlawful Fees

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The Maryland Court of Appeals, answering a certified question of law from the U.S. District Court for the District of Maryland, has ruled that a creditor who violates the Credit Grantor Closed End Credit Provisions (CLEC) by charging unlawful fees is required to return three times the amount of those fees.