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Capital One, CFPB
CFPB sues Capital One, alleges it misled consumers on savings rates
The Consumer Financial Protection Bureau announced it was suing Capital One for “cheating” customers out of more than $2 billion in interest.
CFPB sues Capital One over high-yield savings accounts
The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank said it would fight the suit, which comes just days before the Trump administration takes over the regulator.
CFPB Sues Capital One for Cheating Customers: What’s In Your Wallet?
Capital One is probably best known for its pithy commercials featuring Jennifer Garner asking, "What's in your wallet." Unfortunately, the Consumer Financial
Capital One sued for 'cheating' customers out of billions in interest on savings accounts
The Consumer Financial Protection Bureau sued Capital One (COF) on Tuesday for allegedly “cheating” people out of billions of dollars in interest payments on savings accounts.
Hosted on MSN
1h
Capital One Sued by CFPB Over Its Savings Accounts
The
Consumer
Financial
Protection
Bureau
is suing Capital One ... and instead worked to keep them in the dark about ...
19h
on MSN
Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
Elon Musk, Trump’s new presidential advisor, tweeted in early November “Delete CFPB. There are too many duplicative ...
JD Supra
21h
Consumer Financial Protection Bureau Pursues Action to Stop Kickback to Brokerages for Steering Consumers to Rocket Mortgage
The Consumer Financial Protection Bureau (“CFPB”) filed an action on December 23, 2024, against Rocket Home Real Estate LLC (“Rocket Homes”), a ...
Hosted on MSN
1h
Capital One is sued by US CFPB for avoiding billions in interest payments
(Reuters) -Capital One was sued on Tuesday by the U.S.
Consumer
Financial
Protection
Bureau
, which accused the bank ...
12d
Trump Should Remake The CFPB Into The Consumer Fraud Protection Bureau
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
American Banker
22h
Most BNPL loans made to subprime borrowers: CFPB
The Consumer Financial Protection Bureau's research found that the majority of buy now/pay later users are subprime borrowers ...
6d
on MSN
Experian credit bureau sued for allegedly failing to properly probe consumer complaints
Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to ...
5d
on MSN
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
Americans will no longer have to decide what’s more important: Their health or their credit score. Finalized on January 7, a ...
JD Supra
20h
CFPB Finalizes Rule Curbing Use and Reporting of Medical Debt
On January 7, 2025, the Consumer Financial Protection Bureau (CFPB) issued a final rule that would generally prohibit lenders from considering ...
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