The Consumer Financial Protection Bureau (CFPB) recently imposed a $28 million fine on TD Bank for its deceptive practices in enrolling customers in overdraft protection services without proper consent. This action reinforces the CFPB’s role in ensuring transparency in banking and protecting consumers from predatory practices. The ruling serves as a reminder of the importance of clear, honest communication in financial services and holds financial institutions accountable. For more about the case and its impact, visit https://consumerattorneys.com/article/cfpb-ordered-td-bank-to-pay-28-million.
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