They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and ...
Capital One Financial reported a 60% rise in fourth-quarter profit on Tuesday, as a higher income from interests helped the consumer lender. Consumer spending has remained strong on hopes of a soft ...
Capital One's credit card business requires high provisions for credit losses, but its strong net interest margin comfortably ...
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 ...
Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...
But Capital One kept existing customers in the original accounts and took steps to obscure the new product’s existence “to avoid paying them its higher interest,” the CFPB alleges.
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...
If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return on your deposits than the marketing suggested, according to a lawsuit ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost ...