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Fitch Ratings: CFPB Will Raise Costs Across the Board

Aug 01, 2012By

Even if they are able to avoid monetary penalties doled out by the Consumer Financial Protection Bureau (CFPB), all companies subject to its oversight will likely face higher costs, worldwide ratings agency Fitch Ratings said this week.  Recently carrying out its first enforcement action, the CFPB took action against Capital One Bank for deceptive marketing […]