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Banks Beat Credit Line Disclosure Suit After CFPB Weighs In

By Jon Hill ( September 27, 2024, 9:59 PM EDT) -- An Illinois federal judge has thrown out a proposed class action accusing two Midwestern banks of failing to provide required repayment disclosures to borrowers, agreeing with the Consumer Financial Protection Bureau that these disclosures aren't actually required for the type of account at issue....

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