Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...
U.S. regulator accuses Capital One of ‘cheating’ customers on interest rates
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...
Capital One’s turbulent week: Service restored, but legal challenges emerge
Capital One had a major service outage last week that left many without access to their accounts. Now, it also faces a ...
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding ...
Capital One Earnings Beat Estimates. Why the Stock Is Dropping.
Capital One Financial stock was falling even after the company beat earnings estimates and said its acquisition plans for ...
New York Post8d
Capital One cheated its customers out of over $2B in interest payments, explosive lawsuit claims
Capital One was sued on Tuesday by the US Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship “high interest” savings account out ...
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
Capital One sued over deceptive savings rates
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
NBC News8d
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...