Citi To Pay $700 Million To Consumers Over Illegal Credit Card Practices
Citibank has agreed to pay $700 million to consumers who were hurt by deceptive and illegal credit card practices, plus $70 million in fines, regulators said on Tuesday. Some 8.8 million consumers were allegedly impacted by deceptive marketing and billing for credit card services and add-on products like debt protection and credit monitoring, according to the Consumer Financial Protection Bureau. For [...]
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