American Express Pays Back $85 MILLION!!!

English: no original description

If you have an American Express credit card, you could be one of the 250,000 customers due for a refund. According to NBC News, American Express has been accused by regulators of unlawfully charging late fees and forcing cunsumers to settle debts or purchase new card services. On top of that, they will also pay $27.5 million in civil penalties to the Federal Deposit Insurance Corp, CFPB, the Federal Reserve and the Office of the Comptroller of the Currency. But don’t get too excited…you won’t get your money until March 2013…on top of a tax refund…YAY!!!

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