We strongly disagree with their claims and will vigorously defend ourselves in court.”Capital One stock rose 1.7% on ...
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
The Consumer Financial Protection Bureau took aim at Capital One's promises and handling of its '360 Savings' accounts.
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
The CFPB said Capital One lowered and froze its 360 Savings account’s APY to 0.30 percent from late 2019 to mid-2024, while ...
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...