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Capital 1 cheated customers out of billions, says lawsuit
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.
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.
Capital One Sued by CFPB Over Its Savings Accounts
The Consumer Financial Protection Bureau alleged the bank misled some of its customers by not paying them the rate it advertises on its main savings account.
Opinion
3d
Opinion
Capital One High-Yield Account Wasn’t
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
Lawyer Monthly
3d
Capital One Accused of Defrauding Customers of $2B in Interest
Capital One faces a lawsuit for deceiving consumers on savings account rates, causing $2B in potential losses.
1d
on MSN
Capital One lawsuit reveals how bank customers can get smart and get their money’s worth
A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up ...
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