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Capital One, CFPB

CBS News on MSN · 14h

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.

NBC News on MSN · 8h

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.

Newser on MSN · 1h

Suit: Capital One Scammed Customers Out of $2B

The Consumer Financial Protection Bureau has just taken on one of America's biggest banks. On Tuesday, the agency announced it has filed a lawsuit against Capital One, accusing the financial institution of deceiving customers about two of its savings accounts and swindling millions of consumers out of more than $2 billion in interest,

17h

Capital One sued over deceptive savings rates

The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...

17hon MSN

Capital One kept interest payments low on ‘high-interest’ savings accounts, regulators claim

In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself ...

18h

Capital One Is Accused of Cheating Customers Out of $2 Billion

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...

2h

Capital One faces US CFPB lawsuit over $2bn in unpaid interest

"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...

11hon MSN

Secrets of Capital One’s Alleged Scam Revealed

Capital One has been sued by the Consumer Financial Protection Bureau for allegedly purposefully misguiding customers on its ...

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