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Capital One, CFPB
Capital One Is Sued by CFPB. Why It Won’t Affect Discover Acquisition.
We strongly disagree with their claims and will vigorously defend ourselves in court.”Capital One stock rose 1.7% on Tuesday.Last fall, the company presented a $35 billion bid to buy Discover Financial Services that is now working its way through the regulatory approval process.
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.
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.
American Banker
1h
2025 banking forecasts: Taming the CFPB and Trump's return
Lawsuits challenging the Consumer Financial Protection Bureau's final rule on medical debt are the latest issues facing banks ...
22h
The CFPB Is Digging In for Last Days of Biden's Term. But What Happens Next?
There are a lot of consumers and particularly consumer advocates who think that the CFPB has done a great job. Trump held himself out to be a populist… acting, with an agenda that supports consumers,” ...
Hoodline
21h
CFPB Report Reveals Surge in Buy Now, Pay Later Loans Among Consumers with Lower Credit Scores
CFPB insights reveal increase in Buy Now, Pay Later loans, especially among consumers with lower credit scores.
NerdWallet
23h
What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
1d
on MSN
Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
Elon Musk, Trump’s new presidential advisor, tweeted in early November “Delete CFPB. There are too many duplicative ...
Hoodline
4d
CFPB Solicits Public Input on Digital Payment Privacy Amid Big Tech Advances in Payment Services
The CFPB seeks public input on applying privacy laws to digital payments and proposes a rule for transaction disputes.
1d
on MSN
CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data
The CFPB’s proposed rule restricts the sale of Social Security numbers, income data, and other personal identifiers.
1d
Capital One Accused of Misleading Customers on Savings Rates
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...
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Related topics
Capital One
Consumer Financial Protection Bureau
360 Savings
Donald Trump
United States
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