Discover ordered to refund $200 million for deceptive credit-card add-on marketing
Company: Discover Financial Services
Summary
CFPB and FDIC found Discover used deceptive telemarketing and sales tactics to mislead consumers into paying for credit-card add-on products. Discover was ordered to refund about $200 million to more than 3.5 million consumers and pay a $14 million civil penalty. Source: https://www.consumerfinance.gov/archive/newsroom/discover-consent-order/