JPMorgan Fined Again and Ordered to Correct Credit Card Practices
It seems that lending and credit giant JPMorgan just cannot catch a break when it comes to federal scrutiny of its business practices. Last week, the lender was served with separate notices from regulators that its business practices in regards to credit cards and the need to pony up refunds as a result of its actions harmed millions of consumers.
At the heart of the issue is how the lender pursued the collection of debt from consumers who had defaulted on their credit cards. Regulators stated that there were
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