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CFPB fines Bank of America, shows how agency protects consumers

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CFPB fines Bank of America, shows how agency protects consumers

The Consumer Financial Protection Bureau (CFPB) on Tuesday ordered Bank of America to return more than $100 million to customers who were illegally charged multiple “insufficient funds fees” for the same transactions, had credit card rewards points withheld, and had fake credit card accounts opened without their authorization.

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