The CFPB said Capital One lowered and froze its 360 Savings account’s APY to 0.30 percent from late 2019 to mid-2024, while ...
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial ...
The CFPB has filed a lawsuit against Capital One, alleging it misled consumers and caused over $2 billion in lost interest ...
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, accusing the bank of misleading ...
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 alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...