People in this impacted group could see their credit scores jump by 20 points, according to the CFPB. With this new ruling, the CFPB hopes to remove the economic barriers that medical debt creates ...

American Honda Finance Corp. ordered to pay $12.8M penalty for inaccurate credit reporting affecting Honda and Acura vehicle ...

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 ...

Unfortunately, the Consumer Financial Protection Bureau (CFPB) believes that Capital One has been cheating its customers, thus questioning if consumers should keep Capital One as a credit provider.

However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the 360 Performance Savings interest rate from 0.4% in April 2022 to 4.35% ...