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Capital 1 accused of cheating customers out of $2 billion
Capital One allegedly cheated customers out of $2 billion, CFPB says
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
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 investigators.
Capital One accused of ‘cheating millions of customers’ out of interest rate payments
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 high-interest savings accounts.
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Why Did Capital One Stock Rise 36% In The Last Year?
Capital One (NYSE: COF) stock has fared well, rising by about 36% since early 2024. This compares to the S&P 500 which ...
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on MSN
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 ...
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Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...
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