Capital One sued by watchdog that says bank cheated customers out of $2 billion
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
American Banker1h
2025 banking forecasts: Taming the CFPB and Trump's return
Lawsuits challenging the Consumer Financial Protection Bureau's final rule on medical debt are the latest issues facing banks ...
btimesonline2h
CFPB Sues Capital One, Alleging $2 Billion in Lost Savings for Customers
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, accusing the bank of misleading ...
Capital One Is Sued by CFPB. Why It Won’t Affect Discover Acquisition.
The Consumer Financial Protection Bureau is accusing the bank of illegally misleading millions of customers about its savings ...
Capital One allegedly cheated customers out of $2 billion, CFPB says
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
Capital One Financial Corp. allegedly cheated customers out of $2 billion by keeping them in the dark about a savings program offering higher interest rates on their deposits, the Consumer Financial ...
Boise State Public Radio7h
U.S. watchdog sues Capital One, alleging bank cheated customers out of $2 billion
The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield ...
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
Winston-Salem Journal22d
Nation's three-largest banks sued by federal regulators over alleged Zelle-related fraud
The other Zelle owners are Capital One, PNC Financial Services ... legally required reimbursement for fraud and errors. The CFPB’s lawsuit seeks to halt unlawful conduct, obtain redress for ...