Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

CITI TO REFUND $700 MILLION

Citigroup will refund $700 million to consumers and will pay $70 million in fines for illegal and deceptive credit card practices. The order, coming from the Consumer Financial Protection Bureau, represents the latest multimillion dollar settlement against the largest credit card issuers for their roll in selling “add-on” products to customers, such as credit score monitoring or “rush” processing of payments.

This entry was posted in Agriculture News and tagged , . Bookmark the permalink. Both comments and trackbacks are currently closed.