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BofA Fined $150M By CFPB, OCC Over Fees, Credit Cards

By Jon Hill (July 11, 2023, 5:23 PM EDT) -- Bank of America will pay a combined $150 million in fines to the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency as part of settlements related to its credit card rewards, overdraft policies and sales practices, the agencies said Tuesday....

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