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WASHINGTON — A card issuer that marketed Visa and MasterCards specifically to the subprime market will have to reverse more than $114 million it charged cardholders in fees, as part of a settlement reached with the Federal Trade Commission.

The commission announced that the settlement came as a result of a lawsuit the agency brought against CompuCredit Corporation and a wholly owned collections subsidiary Jefferson Capital Systems alleging deceptive contact in issuing the cards and abusive practices while collecting debts.

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