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Capital 1 Cheated 360 Savings Customers On Interest

CBS News on MSN · 2d

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.

Bloomberg L.P. · 2d

Capital One Accused of Misleading Customers on Savings Rates

Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t also give to existing savings accounts, the Consumer Financial Protection Bureau said Tuesday in a lawsuit against the bank.

NBC News on MSN · 2d

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.

Hosted on MSN2d

Capital One Sued by CFPB Over Its Savings Accounts

The lawsuit relates to a change Capital One made in the era of low rates, which the Journal previously reported on. In ...

1d

Capital One accused of cheating customers out of $2 billion

Capital One messed with certain saving accounts to confuse customers, costing them $2 billion, according to federal ...

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