The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
In a complaint filed in the Alexandria, Virginia federal court, the CFPB said Capital One promised depositors that their 360 ...
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 the bank misled some of its customers by not paying them the rate it ...
The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank ...
The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.
Capital One on Thursday warned customers it is experiencing a technical outage affecting account services, deposits and payment processing.