U.S. regulator orders TD Bank to pay $28M US over consumer credit reports

TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly $28 million US for repeatedly sharing inaccurate, negative information about its customers with credit reporting agencies, potentially tarnishing customers' credit score.

U.S. regulator orders TD Bank to pay $28M US over consumer credit reports
A close up of a large TD logo behind a glass window on a street.

TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly $28 million US for repeatedly sharing inaccurate, negative information about its customers with credit reporting agencies, potentially tarnishing customers' credit score.