CFPB Sues Capital One for Cheating Consumers Out of More …
1 day ago · – Today, the Consumer Financial Protection Bureau (CFPB) sued Capital One, N.A., and its parent holding company, Capital One Financial Corp., for cheating millions of consumers out of more than $2 billion in interest. The CFPB alleges that Capital One promised consumers that its flagship “360 Savings” account provided one of the nation ...
Capital One, National Association, and Capital One Financial ...
1 day ago · The Bureau alleges that by misrepresenting the interest rate for the 360 Savings product, Capital One violated the Consumer Financial Protection Act of 2010’s (CFPA) prohibition on deceptive acts and practices; and Capital One, N.A. violated the Truth in …
Capital One allegedly cheated customers out of $2 billion in …
21 hours ago · Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...
Capital One accused of ‘cheating millions of customers’ out ... - CNN
1 day ago · The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship “360 Savings” accounts at low levels despite rates rising nationwide and said ...
CFPB sues Capital One alleging it cheated customers out of over …
1 day ago · The Consumer Financial Protection Bureau ... according to the CFPB. Capital One increased the 360 Performance Savings interest rate from 0.4% in April 2022 to 4.35% in January 2024, while it ...
Capital One Is Accused of Cheating Customers Out of $2 Billion
1 day ago · The Consumer Financial Protection Bureau filed a lawsuit on Tuesday against Capital One, accusing the bank of “cheating millions of customers out of more than $2 billion in interest ...
Capital One accused of owing members $2 billion, U.S. watchdog …
11 hours ago · The consumer bureau, a federal agency responsible for consumer protection in the finance sector, alleges Capital One marketed its 360 Savings account as having some of the best interest rates in ...
CFPB Sues Capital One Over Alleged $2 Billion In Lost Interest For ...
23 hours ago · Capital One Financial Corporation (NYSE: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 ...
Capital One accused of cheating customers out of $2 billion in …
1 day ago · The Consumer Financial Protection Bureau took aim at Capital One's promises and handling of its '360 Savings' accounts. ... The CFPB alleges that Capital One kept the rate for its 360 Savings ...
Capital One stole $2 billion by keeping customers in lower-yield ...
1 day ago · Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says Consumer Financial Protection Bureau sues financial firm for keeping customers in the dark ...
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