We strongly disagree with their claims and will vigorously defend ourselves in court.”Capital One stock rose 1.7% on ...
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
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 ...
The CFPB said Capital One lowered and froze its 360 Savings account’s APY to 0.30 percent from late 2019 to mid-2024, while ...
Capital One is defending itself from the CFPB's claims that it cheated customers out of billions of dollars in interest ...
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally ...
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...
The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.
CFPB sues Capital One, alleging deceptive practices that resulted in over $2 billion in lost interest for millions of ...