Have you ever used PayPal? You may be eligible for a refund.
The electronic payment company PayPal, will pay $25 million to settle a lawsuit with the Consumer Financial Protection Bureau (CFPB). According to the suit, CFPB accused PayPal of illegally signing customers up for PayPal Credit, formerly known as Bill Me Later, without their permission. Many customers did not realize they were enrolled in the program until they were charged interest and late fees.
PayPal, who neither admits nor denies fault, has agreed in a consent order to pay $15 million in refunds to customers and a $10 million penalty to CFPB.