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Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts, all of which are violations ...
It's unclear who is behind the fake letter, but it is linked to the website YourBofA.com, which touts the logo "Your Bank of America" and has various pages about Bank of America's past and the ...
The company didn't address the CFPB's allegations that it opened fake credit card accounts and wrongly denied them reward points. "Bank of America is a repeat offender," Mike Litt, consumer ...
The Consumer Financial Protection Bureau ordered Bank of America to pay over $250 million over allegations it opened fake accounts, withheld credit card rewards and illegally charged junk fees in ...
Bank of America has been ordered to pay $250 million in fines and customer compensation for deceptive practices that harmed "hundreds of thousands of consumers," according to the Consumer ...
Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts without customer consent. Bank of America will pay $90 ...
Bank of America, the nation's second largest bank, has been ordered to pay more than $100 million to customers for double charging insufficient fund fees, withholding reward bonuses and opening ...