JPMorgan Near Settlement of Credit Card Probes: Source

September 11, 2013
debt settlement news

JPMorgan Chase & Co. is on the brink of settling investigations by U.S. regulators, including the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau, into its credit card debt collection practices and sales of identity-theft products, a source close to the matter said. The regulators on Sept. 11 announced that a fine of less than $80 million for both matters.

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