Capital One sued by US CFPB for avoiding billions in interest payments
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship "high interest" savings account out of more than $2 billion in interest payments.
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Bank groups sue CFPB over rule to limit overdraft fees13 (UPI) --Banking groups said they plan to sue the federal Consumer Financial ... The groups said the final rule introduced by the CFPB on Thursday, "exceeds its regulatory authority." ...
According to the CFPB ... to highlight alleged big bank profiteering via overdraft junk fees in on February 06, 2024, in Washington, DC. Some banks and banking trade groups are suing the ...
Bank Groups Sue the Consumer Financial Protection Bureau ... according to data from the CFPB and bank public records. Currently, there is no cap on the overdraft fees that banks can legally ...
Trade groups file lawsuit against CFPB over new rule banning medical debt from credit reports, arguing it exceeds statutory authority.
Banking groups said they plan to sue the federal Consumer Financial Protection ... The groups said the final rule introduced by the CFPB on Thursday, "exceeds its regulatory authority." ...
While most of the Biden administration's prudential banking regulations can't be overturned under the Congressional Review ...
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Capital One Accused of Deceptive Savings Practices By CFPBKey Points ・The CFPB has filed a lawsuit against Capital One for misleading millions of customers about savings account interest rates, leading to over $2 billion in lost interest. ・Capital One is ...
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