Discover (DFS) agrees to refund $200M to 3.5M cardholders to settle a regulatory investigation...

|About: Discover Financial Services (DFS)|By:, SA News Editor

Discover (DFS) agrees to refund $200M to 3.5M cardholders to settle a regulatory investigation into deceptive telemarketing. The "scripts" selling products like payment and credit protection were tailored to induce customers to sign on without believing they were paying for anything, according to the CFPB and FDIC.