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Capital 1 Cheated 360 Savings Customers On Interest

Hosted on MSN · 8h

CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY

The Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings account options and cheating them out of close to $2 billion in interest.

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.

CBS News on MSN · 8h

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.

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Capital One Accused of Defrauding Customers of $2B in Interest

Capital One faces a lawsuit for deceiving consumers on savings account rates, causing $2B in potential losses.

11h

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 ...

Hosted on MSN17h

Capital One Sued by CFPB Over Its Savings Accounts

In 2019, the lender introduced a new savings account called 360 Performance Savings. Existing customers were kept in ...

11h

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.

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