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Capital 1 cheated customers out of billions, says lawsuit
Capital One sued by CFPB for allegedly cheating customers out of $2 billion
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion by misleading them.
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.
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings account.
The Washington Post
5d
U.S. regulator accuses Capital One of ‘cheating’ customers on interest rates
In July, for example, the
CFPB
alleges, the Performance Savings rate was more than 14 times that of the original 360 Savings accounts. But
Capital
One
kept existing customers in the original ...
2d
on MSN
Capital One is having a tough week
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
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