The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...
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.
In a statement, the CFPB claims that Capital One falsely advertised its “360 Savings” account as offering one of the best interest rates in the nation, only to freeze the rate at a low level ...
These actions mean Capital One “illegally avoided paying billions in interest to millions of consumers,” the CFPB wrote in its Tuesday complaint. The agency says it’s seeking to impose civil penalties ...
Capital One Financial Corporation COF is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), which accuses the bank of cheating millions of consumers out of more than $2 ...
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 ...
As a result, that decision cost consumers more than $2 billion in lost interest payments.“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts ...