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Capital 1 Cheated 360 Savings Customers On Interest
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 accused of cheating customers out of $2 billion
Capital One messed with certain saving accounts to confuse customers, costing them $2 billion, according to federal investigators.
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.
Hosted on MSN
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Capital One Sued by CFPB Over Its Savings Accounts
The lawsuit relates to a change
Capital
One
made in the era of low rates, which the Journal previously reported on. In ...
GlobalData on MSN
1d
Capital One faces US CFPB lawsuit over $2bn in unpaid interest
US-based bank Capital One is facing legal proceedings from the US Consumer Financial Protection Bureau (CFPB) for ‘cheating’ ...
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CFPB
Consumer Financial Protection Bureau
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