Major bank accused of fraud, cheating customers out billions
A federal watchdog has sued Capital One. The watchdog has accused the major bank of fraud, thus cheating customers out of billions. The Consumer Financial Protection Bureau (CFPB) filed a complaint on Tuesday highlighting Capital One’s questionable handlings of its 360 Savings accounts.
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
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In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself ...
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
Capital One has been sued by the Consumer Financial Protection Bureau for allegedly purposefully misguiding customers on its ...
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