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Capital 1 accused of cheating customers out of $2 billion
Capital One allegedly cheated customers out of $2 billion, CFPB says
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest 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.
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.
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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 ...
1d
Capital One accused of hiding lower rates in savings accounts scheme
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
1d
Secrets of Capital One’s Alleged Scam Revealed
Capital One has been sued by the Consumer Financial Protection Bureau for allegedly purposefully misguiding customers on its ...
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