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Navy Federal Credit Union misled members, will pay $23 million to victims

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Gmood1
Super Contributor

Navy Federal Credit Union misled members, will pay $23 million to victims

Message 1 of 7
6 REPLIES 6
Anonymous
Not applicable

Re: Navy Federal Credit Union misled members, will pay $23 million to victims

I read about it today. I wonder if participation in the class action will put me on a blacklist with them. I meet the criteria. 

Message 2 of 7
joltdude
Senior Contributor

Re: Navy Federal Credit Union misled members, will pay $23 million to victims

Well.. Iv always heard Navy Fed was aggressive at making sure they collect.... Didn't think they skirted the law though.... Hmmmm.

 

Message 3 of 7
Anonymous
Not applicable

Re: Navy Federal Credit Union misled members, will pay $23 million to victims


@Anonymous wrote:

I read about it today. I wonder if participation in the class action will put me on a blacklist with them. I meet the criteria. 


hmmm is there a class action lawsuit in additional to the CFPB's enforcement action? 

Message 4 of 7
creditfan
Established Contributor

NFCU finally pay their fined

http://fox43.com/2016/10/11/navy-federal-credit-union-mislead-members-will-pay-23-million-to-victims...

 

after I read it I felt like they are so unprofessional. They act like a child, they deserve it

hopefully they will learn their lesson

Message 5 of 7
Guyatthebeach
Valued Contributor

Re: NFCU finally pay their fined

Thank you for posting this.

 

I'm curious to see NFCU changes it's policies after the CFPB ruling.

 

I still bank there and will continue to do so.

 

Guyatthebeach

Message 6 of 7
Anonymous
Not applicable

Re: NFCU finally pay their fined

Wow! Im surprised about this!

Message 7 of 7
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