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Without a doubt about U.S. sues CompuCredit over bank card methods

Without a doubt about U.S. sues CompuCredit over bank card methods

WASHINGTON (Reuters) – U.S. regulators accused telemarketer CompuCredit Corp CCRT.O and two banking institutions on Tuesday of deceiving thousands and thousands of charge card customers by withholding crucial details and blindsiding these with charges.

The regulators filed a few civil and administrative-proceeding costs against CompuCredit, First Bank of Delaware FBOD.OB and Southern Dakota-based very first Bank & Trust, searching for a lot more than $200 million in restitution and civil charges.