The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
Capital One misled customers about their savings account interest rates, "cheating" them out of over $2 billion in interest, ...
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally ...
The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.
The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank ...
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent holding company, ...
The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield ...
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
CFPB sues Capital One, alleging deceptive practices that resulted in over $2 billion in lost interest for millions of ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...