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CFPB Settlement Skimped On Restitution, Dem Senator Says

By Jon Hill (September 26, 2019, 8:55 PM EDT) -- The top Democrat on the Senate Banking Committee blasted the Consumer Financial Protection Bureau on Thursday over its recent settlement with a debt collector accused of using false threats and other deceptive tactics to make debtors pay up, saying the agency had "no legal basis" to order restitution only for consumers who had complained....

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