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pay day loans the customer Financial Protection Bureau has bought Capital One Bank to refund $150 million to about 2 million clients for deceptive advertising of re payment security along with other increase items offered using its bank cards. The federal Office for the Comptroller for the Currency, which oversees big banking institutions but does not do much when it comes to making them squirm, joined up with in the enforcement action. Capital One additionally must spend $60 million in civil penalties when it comes to techniques loans that are payday.
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