Friday, July 27, 2012

Capital One Forced To Pay $12 Million To Military Members Over Abusive Financial Practices

Capital One Forced To Pay $12 Million To Military Members Over Abusive Financial Practices: Just a week after it was ordered to pay $165 million in refunds and penalties for wrongful credit card practices, Capital One reached a settlement with the Department of Justice over charges that it financially abused active military members. Under the terms of the settlement, the bank will pay $12 million to American military members [...]/p