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Capital 1 cheated customers out of billions, says lawsuit

CBS News on MSN · 3d

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.

Hosted on MSN · 12m

Capital One sued; Cheated customers out of $2 billion, feds said

The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high-interest savings accounts. The suit, filed Tuesday, alleges customers were cheated out of more than $2 billion in interest through Capital One’s flagship “360 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.

5hon MSN

Capital One is having a tough week

It's been a tough week for Capital One, with a lawsuit and system outage hitting back-to-back as other big US banks enjoy ...

17h

Capital One allegedly swindled savings account holders out of billions in interest income

Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.

9h

Capital One outages delay bill payment, paycheck processing for thousands

Capital One customers faced outages that have prevented some from accessing direct deposits, paying bills and more.

2d

Capital One sued over deceptive savings rates

The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...

2d

Capital One faces US CFPB lawsuit over $2bn in unpaid interest

"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...

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