Wednesday, July 18, 2012

Consumer Agency Orders Credit Card Company To Refund $140 Million To Customers Due To Deceptive Practices

Consumer Agency Orders Credit Card Company To Refund $140 Million To Customers Due To Deceptive Practices: The first public enforcement action handed down by the newly-created Consumer Financial Protection Bureau will result in $140 million in consumer refunds from credit card company Capital One, the agency announced in a release Tuesday. Capital One will pay $140 million in refunds to two million customers and an additional $25 million fine to the [...]/p