NBC News15d
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the ...
NBC News15d
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 ...
Capital One sued by CFPB for allegedly cheating customers out of $2 billion
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...
Fox Business14d
Capital One sued by CFPB for allegedly cheating customers out of $2 billion
The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.
Capital One is having a tough week
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
JD Supra5d
Capital One Faces Lawsuit Over Savings Account Practices
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
Hosted on MSN16d
CFPB: Capital One Cheated 360 Savings Customers On Interest
According to the CFPB, Capital One deliberately kept existing 360 Savings customers unaware of the new, higher-yielding account to maintain a “two-tier” system, leaving millions of account ...