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Capital 1 Cheated 360 Savings Customers On Interest
Capital One accused of cheating customers out of $2 billion
Capital One messed with certain saving accounts to confuse customers, costing them $2 billion, according to federal investigators.
CFPB: Capital One Cheated 360 Savings Customers On Interest
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company,
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 times higher than one of its other products.
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Capital One accused of hiding lower rates in savings accounts scheme
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
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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 ...
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Capital One faces US CFPB lawsuit over $2bn in unpaid interest
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
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on MSN
Secrets of Capital One’s Alleged Scam Revealed
Capital One has been sued by the Consumer Financial Protection Bureau for allegedly purposefully misguiding customers on its ...
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Capital One
CFPB
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Consumer Financial Protection Bureau
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