Credit One Bank will pay over $10 million to settle a lawsuit accusing it of excessively making debt collection calls to harass customers. Previously, a California judge ordered the bank to pay a $9 million fine and $1.2 million in litigation costs. The allegations state that the bank allowed its agents to make up to 10 calls per day to customers, violating California's privacy and consumer protection laws. The bank denies any wrongdoing.
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Credit One Bank will pay over $10 million to settle a lawsuit accusing it of excessively making debt collection calls to harass customers. Previously, a California judge ordered the bank to pay a $9 million fine and $1.2 million in litigation costs. The allegations state that the bank allowed its agents to make up to 10 calls per day to customers, violating California's privacy and consumer protection laws. The bank denies any wrongdoing.