Bank of America to pay $772 million in credit card settlement - Press of Atlantic City: Southern New Jersey Business & Money - PressofAtlanticCity.com

Bank of America to pay $772 million in credit card settlement

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Posted: Wednesday, April 9, 2014 12:55 pm

WASHINGTON — Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't receive.

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