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CFPB fines TD Bank $28M

Bank inhibited consumer access to credit, agency rules

Whitney McDonaldbyWhitney McDonald
September 11, 2024
in Banking
Reading Time: 3 mins read
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TD Bank was ordered to pay $28 million in fines by the Consumer Financial Protection Bureau, which ruled the bank had shared inaccurate information about its customers to consumer reporting companies.  Consumer reports are used by financial institutions and other lenders to determine access to credit, housing or employment. By sharing inaccurate information regarding bankruptcies […]

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Tags: CFPBPremiumregulationTD Bank
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