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Capital One sued for 'cheating' customers out of billions in interest on savings accountsThe Consumer Financial Protection Bureau sued Capital One (COF) on Tuesday for allegedly “cheating” people out of billions of dollars in interest payments on savings accounts. The regulator ...
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Capital One Sued by CFPB Over Its Savings AccountsThe Consumer Financial Protection Bureau is suing Capital One, alleging the bank misled some of its customers by not paying them the rate it advertises on its main savings account. The lawsuit ...
The lawsuit relates to a change Capital One made in the era of low rates, which The Wall Street Journal previously reported on.
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost ...
Capital One is being sued by the U.S. government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high ...
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