CFPB Sues Capital One for Cheating Consumers Out of More …
Jan 14, 2025 · The CFPB alleges that Capital One promised consumers that its flagship “360 Savings” account provided one of the nation’s “best” and “highest” interest rates, but the bank …
Capital One accused of ‘cheating millions of customers’ out ... - CNN
Jan 14, 2025 · The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship “360 Savings” accounts at low levels despite rates …
Capital One, National Association, and Capital One Financial ...
On January 14, 2025, the Bureau filed a lawsuit against Capital One, N.A., a national bank with over $480 billion in assets, and its parent holding company, Capital One Financial Corp. Skip …
CAPITAL ONE FINANCIAL CORPORATION and CAPITAL ONE, NATIONAL ASSOCIATION, Defendants. Case No. _____ COMPLAINT & DEMAND FOR JURY TRIAL . The Consumer …
Capital One sued by US watchdog alleging bank cheated …
Jan 14, 2025 · These actions mean Capital One “illegally avoided paying billions in interest to millions of consumers,” the CFPB wrote in its Tuesday complaint. The agency says it’s …
CFPB sues Capital One for 'cheating' customers out of over $2 …
Jan 14, 2025 · The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.
Capital One allegedly cheated customers out of $2 billion in …
Jan 14, 2025 · Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, …
Capital One accused of owing members $2 billion, U.S. watchdog …
Jan 15, 2025 · Capital One didn't immediately respond to a query from NPR, but in a statement provided to The Associated Press, it said it is "deeply disappointed to see the CFPB continue …
Capital One Is Accused of Cheating Customers Out of $2 Billion
Jan 14, 2025 · For years, Capital One held interests artificially low in the high-yield product, to 0.30 percent annually last summer, for instance, even as the Federal Reserve raised rates …
Capital One Bank - Consumer Financial Protection Bureau
Jul 18, 2012 · Capital One Bank This action results from a CFPB examination that identified deceptive marketing tactics used by Capital One’s vendors to pressure or mislead consumers …