Discover Bank and two affiliates will pay $18.5 million dollars in consumer refunds and fines for engaging in illegal student loan servicing tactics.
The Consumer Financial Protection Bureau says Discover Bank overstated the minimum amounts due on billing statements and failed to provide information borrowers needed to obtain federal income tax benefits.
It says the institution also called borrowers early in the morning and late at night, an illegal debt-collection practice.
Discover Bank declined to comment on the consent order and neither admitted nor denied the findings by the CFPB.
About 100,000 consumers are eligible for refunds.
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Getting hitched in Las Vegas – the self-described "wedding capital of the world" – just got a bit more expensive.
Clark County, Nevada is raising the cost of a marriage license by $14. A marriage license will now cost $77.
The extra money is to be put toward efforts to market the Las Vegas wedding tourism industry.
Last year, the number of marriage licenses issued in Nevada dropped to just under 81,000, a 37% decline from 2004.