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Capital 1 cheated customers out of billions, says lawsuit

Hosted on MSN · 2d

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.

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.

bankingdive · 4d

CFPB sues Capital One over $2B in unpaid interest to customers

The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders. The bank said it is “disappointed” with the bureau’s “eleventh hour lawsuits.

1don MSN

Capital One is having a tough week

The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.

4d

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 ...

3d

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 ...

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