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Chase Settles Collections Litigation, Debt Sales Issues with CFPB, State Attorneys General

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NEW YORK--(BUSINESS WIRE)--Chase Card Services entered into a consent order today with the Consumer Financial Protection Bureau and agreements with attorneys general for 47 states and the District of Columbia relating to practices stopped years ago for its sworn document, collections litigation and certain debt sales practices on defaulted credit card debt. Chase has taken extensive steps over the past four years and is pleased to resolve these legacy issues. It is working to complete remediati

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