capital one consumer financial protection bureau cfpb - Search News

Capital 1 Cheated 360 Savings Customers On Interest

CBS News on MSN · 22h

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.

Barron's on MSN · 8h

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.

NBC News on MSN · 17h

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.

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Capital One sued by CFPB for ‘cheating’ consumers on interest payments

The Consumer Financial Protection Bureau announced that it has sued Capital One (COF), N.A., and its parent holding company, Capital One ...

CFPB sues Capital One over $2B in unpaid interest to customers

The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.

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