The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The Consumer Financial Protection Bureau is accusing the bank of illegally misleading millions of customers about its savings ...
But instead, the CFPB alleges, Capital One froze its rate at a low level for at least several years, even as rates rose nationally. At the same time, the CFPB adds, the bank created "360 ...
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...
The Consumer Financial Protection Bureau (CFPB) announced today it’s suing Capital One for “cheating millions of consumers” who held its flagship 360 Savings account out of more than $2 ...
US-based bank Capital One is facing legal proceedings from the US Consumer Financial Protection Bureau (CFPB) for ‘cheating’ consumers of more than $2bn in interest payments on savings accounts.
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual percentage yields, the CFPB said in a statement Tuesday. However, after ...
CFPB says bank kept depositors in dark about higher rates Bank allegedly froze rate at 0.30%, other depositors got 4.35% Capital One disagrees with claims, says it was transparent Jan 14 (Reuters ...