Capital One sued by watchdog that says bank cheated customers out of $2 billion
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
Capital One allegedly cheated customers out of $2 billion, CFPB says
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Tribal Lenders Say They Can Charge Over 600% Interest. These States Stopped Them.
Online lenders tied to Native American tribes argue that they aren’t subject to state lending laws, but they backed away from ...
U.S. regulator accuses Capital One of ‘cheating’ customers on interest rates
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...
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 ...
Opinion: Biden is using his remaining time in office to give the country what it rejected
President Biden and his team have been focused on building his "legacy" by taking radical actions such as taking land out of ...
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CFPB releases guidance documents as blueprint for states
The Consumer Financial Protection Bureau released recommendations on how states can beef up enforcement after the Trump ...
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What the Future May Hold for the Consumer Financial Protection Bureau's Open Banking Rule
Will the Consumer Financial Protection Bureau’s (CFPB) recently promulgated open banking rule survive under the new Congress ...
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding ...
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CFPB Introduces New Rule Banning Certain Contractual Provisions in Consumer Financial Agreements
The Consumer Financial Protection Bureau (CFPB or Bureau) proposed a new rule aimed at banning certain contractual provisions in agreements ...