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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 times higher than one of its other products.

Hosted on MSN · 2d

CFPB: Capital One Cheated 360 Savings Customers On Interest

The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company,

The Associated Press on MSN · 2d

Capital One kept interest payments low on ‘high-interest’ savings accounts, regulators claim

In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself in court. The banking giant added that it was “deeply disappointed to see the CFPB continue its recent pattern of filing eleventh-hour lawsuits ahead of a change in administration.”

11hon MSN

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.

2d

Capital One accused of hiding lower rates in savings accounts scheme

The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.

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 ...

2don MSN

Secrets of Capital One’s Alleged Scam Revealed

Capital One has been sued by the Consumer Financial Protection Bureau for allegedly purposefully misguiding customers on its ...

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