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CFPB Takes Action Against Wells Fargo for Prohibited Education Loan Servicing Methods

CFPB Takes Action Against Wells Fargo for Prohibited Education Loan Servicing Methods Wells Fargo to cover $3.6 Million Penalty towards the Bureau Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against Wells Fargo Bank for unlawful student that is private servicing methods that increased expenses and unfairly penalized particular education loan borrowers....

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