Wells Fargo to pay $4.1 million for illegal student loan practices

5 months ago Comments Off on Wells Fargo to pay $4.1 million for illegal student loan practices

A Wells Fargo & Co unit will pay a total of $ 4.1 million to settle charges that it engaged in illegal private student loan servicing practices that unfairly penalized certain borrowers, the Consumer Finance Protection Bureau (CFPB) said on Monday.
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