The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
The Consumer Financial Protection Bureau is accusing the bank of illegally misleading millions of customers about its savings ...
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 ...
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...