CFPB recovers $14 million for 104,000 consumers nationwide

THE CONSUMER FINANCIAL Protection Bureau released a report showing it successfully recovered about $14 million in relief for 104,000 harmed customers through the first half of 2017 due to banks misleading consumers about checking account fees and overdraft coverage.
THE CONSUMER FINANCIAL Protection Bureau released a report showing it successfully recovered about $14 million in relief for 104,000 harmed customers through the first half of 2017 due to banks misleading consumers about checking account fees and overdraft coverage.
WASHINGTON – The Consumer Financial Protection Bureau estimates it recovered about $14 million in relief for 104,000 harmed customers through the first half of 2017. The federal agency, through a review of its supervisory actions, released a report showing it successfully recovered funds lost from banks misleading consumers about checking account fees and overdraft coverage.…

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