The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their ...
According to the CFPB, Capital One's 360 Savings account was marketed as offering some of the best interest rates available. However, the agency claims the bank introduced a newer product, the 360 ...
At the same time, the CFPB adds, the bank created “360 Performance Savings,” which saw a much higher rate grow. But the agency says that Capital One did not notify 360 Savings accountholders ...
During the same time frame, Capital One created the 360 Performance Savings account, which the CFPB alleges was "virtually identical" to the 360 Savings account, except it had a substantially ...
The Consumer Financial Protection Bureau (CFPB) announced today it’s suing Capital One for “cheating millions of consumers” who held its flagship 360 Savings account out of more than $2 ...
its widely offered “360 Savings” account and its deliberately obscured “360 Performance Savings” account. The suit alleges that the “only thing that has ever meaningfully distinguished 360 Performance ...
At the same time, the CFPB adds, the bank created "360 Performance Savings," which saw a much higher rate grow. But the agency says that Capital One did not notify 360 Savings accountholders about ...