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TD Bank ordered to pay nearly $28M for sharing inaccurate customer credit information
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Banking, Consumer Protection
Friday, September 13, 2024
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The Consumer Financial Protection Bureau ordered TD Bank to pay $27.76 million in fines and restitution for practices that adversely impacted tens of thousands of customers. The bureau found the bank furnished inaccurate and negative information about its customers with consumer reporting agencies over a two-year span.
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