The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding ...
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
Capital One (COF) , one of the largest banks in the U.S. with over 100 million customers, recently saw a boost in profits.
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
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Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.
Capital One messed with certain saving accounts to confuse customers, costing them $2 billion, according to federal ...