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CFPB

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CFPB Nails BofA for Credit Card Marketing, Orders $727 Million in Relief 

Apr 09, 2014By

The Consumer Financial Protection Bureau (CFPB) today has ordered Bank of America and FIA Card Services to pay $727 million in relief for allegedly practicing illegal credit card activity that affecting 1.4 million consumers. During a press call Wednesday, the CFPB announced its enforcement action stemmed from what it believed to be Bank of America’s […]