Monday, August 22, 2011

BofA credit-card unit settles lawsuit over collection practices

http://www.latimes.com/business/la-fi-bofa-collect-20110822,0,380481.story?track=rss

Bank of America Corp.'s credit-card unit agreed to pay $5 million and suspend arbitrations of consumer debt collections in California for two years to settle San Francisco's lawsuit over its collection practices.

No comments:

Post a Comment

If you have a comment regarding the post above, please feel free to leave it here.