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CFPB, Capital One
Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Capital One sued by US CFPB for avoiding billions in interest payments
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship "high interest" savings account out of more than $2 billion in interest payments.
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 account.
1d
on MSN
Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
Elon Musk, Trump’s new presidential advisor, tweeted in early November “Delete CFPB. There are too many duplicative ...
JD Supra
1d
Ninth Circuit upholds CFPB’s restitution order against lending company, affirming waiver of jury trial rights
On January 3, the U.S. Court of Appeals for the Ninth Circuit published an opinion in a case involving a consumer lending company’s appeal of ...
Hosted on MSN
14h
NC Supreme Court ballot challenge
The race for a seat on the North Carolina Supreme Court remains uncalled amid a ballot challenge. CFPB sues Capital One for ...
16h
State Bank Watchdogs Empowered by CFPB Guidance, Agency Says
Banks and other companies hoping to escape guidance from the Consumer Financial Protection Bureau once President-elect Donald ...
American Banker
5d
Debt collectors sue the CFPB for 'overreach' on medical debt
Debt collection trade group ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a ...
14h
Supreme Court Agrees To Possibly Reinstate Obamacare Preventative Care Requirements
The Supreme Court will hear appeal arguments over a 5th U.S. Circuit Court ruling that weakened Obamacare's preventative care ...
JD Supra
8d
Predicting The Lasting Changes CFPB May Face In 2025
With President-elect Donald Trump’s election victory and upcoming inauguration, big changes appear likely for the Consumer Financial Protection ...
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