FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Discover to pay $214 million under CFPB, FDIC consent order
|
|
Banking, Consumer Protection
Monday, September 24, 2012
|
|
Discover Bank will refund roughly $200 million to 3.5 million customers and pay another $14 million in civil penalties following an investigation of the company’s marketing of credit card add-on products, according to a consent order released by the CFPB and FDIC. The action comes after the CFPB and OCC ordered Capital One to fork over $210 million in connection with similar marketing activities in July. Read on for the details.
|
TO READ THE FULL STORY
|
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories