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Capital 1 cheated customers out of billions, says lawsuit
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 cheated customers out of billions, says lawsuit
Capital One faced increased profits in loan categories such as credit card, auto, consumer banking, etc. As Capital One benefits from strong growth, it is now facing a lawsuit from the Consumer Financial Protection Bureau, or CFPB, for allegedly “cheating” customers out of $2 billion.
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.
GlobalData on MSN
13h
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 ...
22h
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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