Bank Of America May Pay $800 Million For Questionable Credit Card Add-Ons

Bank Of America May Pay $800 Million For Questionable Credit Card Add-Ons

There’s another big legal bill on the horizon for Bank of America, as reports indicate the bank may soon agree to pay $800 million to settle allegations tied to sketchy add-on services for credit card customers. [More]

JPMorgan Chase To Pay $614M In Settlement For Defrauding Federal Agencies

JPMorgan Chase To Pay $614M In Settlement For Defrauding Federal Agencies

JPMorgan Chase & Co. is running up quite the legal tab this year. On Tuesday, that tab grew by $614 million when the company agreed to settle its latest legal woe with the U.S. government. [More]

World’s Largest Debt Collector To Pay $3.2 Million Penalty For Harassing Consumers

World’s Largest Debt Collector To Pay $3.2 Million Penalty For Harassing Consumers

It’s highly possible you’ve never heard of Expert Global Solutions, but it’s the largest debt-collection operation in the world. It also is the subject of a recent Federal Trade Commission complaint alleging that the company and its subsidiaries violated federal law by harassing consumers. [More]