CFPB AND CHASE ENTER CONSENT ORDER REGARDING DEBT SALES AND COLLECTION PRACTICES

The Consumer Financial Protection Bureau (“CFPB”), Chase Bank, USA N.A. and its subsidiary Chase BankCard Services, Inc. (collectively “Chase”), recently entered into a Consent Order for alleged violations by Chase of Sections 1036(a)(1) and (a)(3) of the Consumer Financial Protection Act, 12 U.S.C. §§ 5536(a)(1) and (a)(3) (“CFPA”), with respect to Chase’s debt sale and collection
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