citibank

Citibank Stops Collecting Credit Card Debt

Citibank Will Stop Collecting $34 Million in Credit Card Debt By Jeanine Skowronski Published February 24, 2016 Certain credit card debtors are in for some relief. Citibank (NYSE:C) has agreed to provide nearly $16 million in consumer relief and forgo collecting on about $34 million in debt held by nearly 7,000 cardholders as part of two enforcement actions taken by the Consumer Financial Protection Bureau. The CFPB consent orders, released...