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Capital 1 cheated customers out of billions, says lawsuit
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; Cheated customers out of $2 billion, feds said
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high-interest savings accounts. The suit, filed Tuesday, alleges customers were cheated out of more than $2 billion in interest through Capital One’s flagship “360 Savings” accounts.
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.
6h
on MSN
Capital One is having a tough week
It's been a tough week for Capital One, with a lawsuit and system outage hitting back-to-back as other big US banks enjoy ...
18h
Capital One allegedly swindled savings account holders out of billions in interest income
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
5h
on MSN
Capital One outage drags into second day, leaving some customers without deposit access
An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from ...
9h
Capital One outages delay bill payment, paycheck processing for thousands
Capital One customers faced outages that have prevented some from accessing direct deposits, paying bills and more.
2d
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 ...
1d
on MSN
Capital One technical glitch preventing customers from getting paid: ‘I’m hungry’
FOX Business reached out to Capital One for comment. It’s the latest blow to the financial institution, which is being sued ...
2d
Capital One faces US CFPB lawsuit over $2bn in unpaid interest
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
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