Schlagwort:consumer financial protection bureau

American Express Customer To Get $85M In Refunds As Fed Suit Is Settled

The CFPB is not happy to sit tight. The agency has passed brand new regulations and started waging suits against financial providers that run afoul of consumer protection regulations, with credit card corporations being the very first in the firing line. After winning lawsuits against Discover and Capital One, American Express is the latest to settle with the CFPB, along with other organizations, and has consented to refund $85 million to consumers.

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