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Capital 1 Accused of Misleading Customers on Savings Rates
Capital One sued over deceptive savings rates
The Consumer Financial Protection Bureau alleged Tuesday the bank "obscured" an account from customers that paid a rate 14 times higher than one of its other products.
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.
Consumer bureau sues Capital One for ‘cheating’ customers on savings account interest
The government’s consumer watchdog on Tuesday sued Capital One for alleging “cheating” customers out of billions in interest payments. The Consumer Financial Protection Bureau (CFPB) accused the
1h
on MSN
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.
10h
on MSN
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 ...
4h
on MSN
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 ...
6h
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...
11h
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 ...
Courthouse News Service
1h
Feds accuse Capital One of withholding billions in interest from customers
Capital One froze the interest rate on 360 Savings accounts at 0.3% — lower than rates for money market and regular savings ...
5h
Lawsuit claims Capital One kept savings rates low while advertising 'top' and 'best' returns
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
6h
on MSN
Capitol One sued by CFBP for allegedly 'cheating' customers out of billions in interest payments
The U.S. Consumer Financial Protection Bureau announced Tuesday a lawsuit alleging Capital One scammed billions of dollars ...
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Consumer Financial Protection Bureau
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