The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
It's been a tough week for Capital One, with a lawsuit and system outage hitting back-to-back as other big US banks enjoy ...
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
This is a valuable feature for those looking to avoid surprise charges. The Capital One 360 Performance Savings Account™ is among the best savings accounts, offering a 3.80% annual ...
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...