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TD Bank repeatedly gave inaccurate customer data to consumer reporting agencies, feds say
The American subsidiary of Canada’s Toronto-Dominion Bank will pay nearly $28 million in restitution and penalties for allegedly giving incorrect information about tens of thousands of U.S. customers to consumer reporting companies, potentially damaging their credit record.
TD Bank shared data including personal bankruptcies, credit card delinquencies and bank accounts that it “knew or suspected were fraudulently opened,” the Consumer Financial Protection Bureau announced on Wednesday. The bank also was slow to correct the faulty information it provided to the consumer data companies.
“The CFPB’s investigation found that TD Bank illegally threatened the consumer reports of its customers with fraudulent information and then barely lifted a finger to fix it,” CFPB Director Rohit Chopra said in a statement.
According to a consent order filed Wednesday, TD Bank agreed to pay nearly $7.8 million to consumers impacted by its fraudulent or inaccurate reports, along with a $20 million civil penalty. The company also agreed to an array of measures to improve its reporting and compliance practices.
The case involves information shared for employment and tenant screening — data that can impact an individual’s job prospects, ability to obtain credit and secure housing, the CFPB stated.
“Rather than treating its customers fairly and following the law, TD Bank’s management clearly cared more about growth and expanding its empire through mergers. Regulators will need to focus major attention on TD Bank to change its course,” Chopra said.
A spokesperson for TD Bank said the company took action to address the problem before the CFPB settlement.
“Long before this settlement, TD self-identified these matters and voluntarily and proactively implemented enhancements to our furnishing and dispute handling practices. TD cooperated fully to resolve this matter and is committed to continuing to deliver on its responsibilities to its customers,” a spokesperson for the bank told CBS MoneyWatch in an email.
The action announced Wednesday is the second by the agency against TD Bank. CFPB in 2020 ordered it to pay $97 million in restitution to about 1.4 million consumers and pay a $25 million fine for illegal overdraft practices.
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How to watch the Minnesota Vikings vs. Chicago Bears NFL game today: Livestream options, more
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The Minnesota Vikings will take on the Chicago Bears today. The Vikings are currently 8-2, an impressive run so far this season, and will be looking to add a fourth win to their current streak after last Sunday’s 23-13 win against the Tennessee Titans. The Bears, on the other hand, are entering this game on the heels of a four-game losing streak after a tough 20-19 loss against the Green Bay Packers last Sunday.
Here’s how and when you can watch the Vikings vs. Bears game today, whether or not you have cable.
How and when to watch the Minnesota Vikings vs. Chicago Bears
The Vikings vs. Bears game will be played on Sunday, November 24, 2024 at 1:00 p.m. ET (11:00 a.m. PT). The game will air on Fox and stream on Fubo and the platforms featured below.
How and when to watch the Minnesota Vikings vs. Chicago Bears game without cable
You can watch this week’s NFL game on Fox via several streaming services. All you need is an internet connection and one of the top options outlined below.
Fubo offers you an easy, user-friendly way to watch NFL games on CBS, Fox, NBC, ABC, ESPN, and NFL Network, plus NCAA football channels. The Pro tier includes 200+ channels and unlimited DVR, while the Elite with Sports Plus tier adds NFL RedZone and 4K resolution. New subscribers get a seven-day free trial and all plans allow streaming on up to 10 screens simultaneously.
You can watch today’s game with a subscription to Sling’s Orange + Blue tier, which includes ESPN, ABC, NBC, and Fox. The plan offers 46 channels with local NFL games, nationally broadcast games and 50 hours of DVR storage. For complete NFL coverage, add Paramount+ to get CBS games, or upgrade with the Sports Extra add-on for additional sports channels like Golf Channel, NBA TV and NFL RedZone.
Watching NFL games, including Fox broadcasts, is simple with Hulu + Live TV, which includes 90 channels, unlimited DVR storage, and access to NFL preseason games, live regular season games and studio shows. The service includes ESPN+ and Disney+ in the subscription.
Want to watch today’s game live on your smartphone? If so, NFL+ streaming service is the solution you’re looking for. It lets you watch NFL Network and out-of-market games on mobile devices, with an upgrade option to NFL+ Premium that includes NFL RedZone for watching up to eight games simultaneously. Note that NFL+ only works on phones and tablets, not TVs.