CFPB Sues Capital One for Cheating Consumers Out of More Than …

3 days ago · The CFPB sued Capital One for cheating millions of consumers out of more than $2 billion in interest. ... Capital One misrepresented to existing customers that its 360 Savings …

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CFPB Sues Capital One For Cheating Consumers Out Of More Than …

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3 days ago · The CFPB sued Capital One for cheating millions of consumers out of more than $2 billion in interest. ... Capital One misrepresented to existing customers that its 360 Savings …

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Capital One Accused Of ‘cheating Millions Of Customers’ Out ... - CNN

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3 days ago · Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its …

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Capital One Allegedly Cheated Customers Out Of $2 Billion In …

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2 days ago · Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, …

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Capital One Sued By US Watchdog Alleging Bank Cheated …

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3 days ago · A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost ...

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Capital One Accused Of Cheating Customers Out Of $2 Billion In …

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3 days ago · A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 …

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CFPB Sues Capital One For 'cheating' Customers Out Of Over $2 …

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3 days ago · The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and …

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Capitol One Sued By CFBP For Allegedly 'cheating' Customers Out …

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The CFB contends that Capital One and its parent holding company cheated U.S. consumers out of more than $2 billion in interest payments on savings accounts by allegedly misleading about …

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Capital One Sued For 'cheating' Customers Out Of More Than $2 …

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3 days ago · Capital One has been sued by the Consumer Financial Protection Bureau (CFPB) for allegedly "cheating" millions of customers out of more than $2 billion of interest payments on …

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Capital One Sued By CFPB For Allegedly Cheating Customers Out Of …

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1 day ago · The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion by misleading them.

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Capital One Sued By US Watchdog, Accused Of Cheating Customers …

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2 days ago · A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating" customers out of more than $2 …

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FAQs about CFPB Sues Capital One for Cheating Consumers Out of More Than … Coupon?

Did capital one 'cheat' customers out of $2 billion?

NEW YORK (AP) — A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating" customers out of more than $2 billion in lost interest payments as a result. ...

Why did Capital One lose $2 billion?

Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 billion in potential interest payments, the lawsuit claims. ...

Why is the CFPB suing Capital One?

“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts,” said CFPB Director Rohit Chopra in a release. “Banks should not be baiting people with promises they can’t live up to.” ...

Did Capital One 'illegally' avoid paying billions in interest?

These actions mean Capital One “illegally avoided paying billions in interest to millions of consumers,” the CFPB wrote in its Tuesday complaint. The agency says it’s seeking to impose civil penalties and provide financial relief to those impacted. ...

Is Capital One suing discover?

A Capital One spokesman, Sie Soheili, declined to comment on the specific allegations in the suit, but he said the bank, the nation’s ninth largest, disagreed with the claims and would dispute them in court. The bank is trying to complete a deal to acquire the credit-card issuer Discover. ...

How much does Capital One cost depositors?

There is none,” the bank boasted. But, according to a lawsuit filed against Capital One on Tuesday by the Consumer Financial Protection Bureau, there was one, and it cost depositors more than $2 billion. ...