Capital One sued by watchdog that says bank cheated customers out of $2 billion
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
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.
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.
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 ...