CFPB: Santander Must Pay $4.75 Million For Credit Reporting Violations
PYMNTS
DECEMBER 23, 2020
million to the Consumer Financial Protection Bureau ( CFPB ) for violating the Fair Credit Reporting Act (FCRA), the CFPB said in a press release. According to the release, Santander allegedly knew that it provided incorrect consumer data to the three major credit reporting agencies (CRAs).
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