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$5 fee gets retailer in trouble with CFPB
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Consumer Protection
Tuesday, August 19, 2014
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A Virginia-based retailer agreed to pay more than $400,000 in refunds and penalties under a Consumer Financial Protection Bureau consent order targeting what the agency said was a scam to trick members of the military into paying fees for legal protections to which they already were entitled under the Servicemembers Civil Relief Act. Read on to learn about the alleged practices that put the retailer on the bureau’s bad side.
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