Credit Union Used False Threats to Collect Debts and Placed Unfair Restrictions on Account Access
WASHINGTON, D.C. –(ENEWSPF)–October 11, 2016. Today the Consumer Financial Protection Bureau (CFPB) took action against Navy Federal Credit Union for making false threats about debt collection to its members, which include active-duty military, retired servicemembers, and their families. The credit union also unfairly restricted account access when members had a delinquent loan. Navy Federal Credit Union is correcting its debt…
