Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Capital One sued by feds for allegedly cheating customers out of billions in interest payments
The complaint says Capital One promised depositors that their 360 Savings account provided one of the nation’s “top,” “best” and “highest” interest rates,
Capital One sued by CFPB over alleged deception on savings account interest rates
The Consumer Financial Protection Bureau sued Capital One Financial (NYSE:COF) and its operating bank unit, Capital One, N.A., for allegedly misleading consumers about the interest rates on one of its savings accounts,
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 also give to existing savings accounts, the Consumer Financial Protection Bureau said Tuesday in a lawsuit against the bank.
Capital One sued by US CFPB for avoiding billions in interest payments
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally avoiding the payment of more than $2 billion in interest to consumers who held its flagship "high interest" savings account.
Capital One accused of ‘cheating millions of customers’ out of interest rate payments
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings accounts.
CFPB sues Capital One for 'cheating' 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.
U.S. regulator accuses Capital One of ‘cheating’ customers on interest rates
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading them about interest rates.
Capital One Sued by US Watchdog Alleging Bank Cheated Customers Out of $2 Billion
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost interest p
Capital One accused of cheating customers out of $2 billion in new lawsuit
The Consumer Financial Protection Bureau took aim at Capital One's promises and handling of its '360 Savings' accounts.
Why interest rates may NEVER fall back to their lows: What the end of the super-cheap money era means for you
The era of super-cheap money is over, according to leading economists who argue interest rates will not fall back to the low ...
BOJ will raise rates if economy, price conditions continue to improve, Ueda says
The Bank of Japan will raise interest rates and adjust the degree of monetary support if improvements in the economy and ...
CD, Checking, and Savings Rates Today: Start Earning More Interest
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...
What factors drive mortgage loan interest rates?
Global economic conditions and geopolitical events can also influence mortgage rates through their impact on the bond market.
Investopedia15h
Interest Rates Explained: Nominal, Real, and Effective
The different types of interest rates, including real, nominal, effective, and annual, are distinguished by key economic factors, that can help individuals become smarter consumers and shrewder ...
'Hard to predict where interest rates might go' as mortgage rate gap shrinks
The gap between the average two and five-year fixed-rate mortgage has shrunk to its narrowest level in two years, experts ...
What's the HELOC and home equity loan interest rate forecast for 2025?
Home equity is at an all-time high, but what will happen with these borrowing rates this year? Experts weigh in.