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CFPB, Capital One

CFPB sues Capital One over $2B in unpaid interest to customers

The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders. The bank said it is “disappointed” with the bureau’s “eleventh hour lawsuits.

Invezz on MSN · 1d

CFPB sues Capital One for allegedly cheating customers out of $2B

CFPB says Capital One cheated account holders out of $2.0 billion in interest. The bank holding company denies its allegations.

MarketWatch · 1d

Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says

The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding savings accounts.

NBC Washington · 2d

CFPB sues Capital One for ‘cheating' customers out of over $2 billion in interest

The Consumer Financial Protection Bureau announced it was suing Capital One for “cheating” customers out of more than $2 billion in interest.

You could save $200 per year thanks to the CFPB’s new cap on overdraft fees

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Law26d

CFPB Takes on BoA, Wells Fargo and JPMorgan Chase Over Zelle Fraud

The U.S. Consumer Financial Protection Bureau sued three of the nation’s largest banks over fraud on Zelle, saying they exploited users’ expectations of security to get them to sign up for the ...

28d

Beware Bait-and-Switch Credit Card Rewards Programs Warns CFPB

Some credit card companies with rewards programs may be breaking the law by using bait-and-switch tactics, the Consumer Financial Protection Bureau warned Wednesday.

The Associated Press - Business News on MSN12d

Consumer protection agency sues Walmart, Branch alleging illegal pay practices for gig drivers

The Consumer Financial Protection Bureau has sued Walmart and work scheduling platform Branch Messenger for allegedly forcing ...

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