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Feds order Discover to refund $200M to cardholders


Ron Burgundy
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Discover Bank will pay millions in fees to settle accusations by regulators that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring.

 

http://news.yahoo.com/feds-order-discover-refund-200m-cardholders-145043340--finance.html

 

Discover Bank is in great distress after misleading language scandal in selling add-ons. According to two federal agencies, Discover Bank is responsible for using deceptive language to get some of its consumers to purchase add-ons in telemarketing campaigns. It has been instructed to pay a sizable fine and to reimburse customers. I found it here: Discover Bank pays millions for misleading customers

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