The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...

There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.

On January 17, 2025, the CFPB filed a complaint against an Illinois-based non-depository mortgage lender for allegedly ...

The National Law Review is a free-to-use, no-log-in database of legal and business articles. The content and links on ...

The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.

Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), which accuses the bank of cheating millions of consumers out of more than ...

In a complaint filed Tuesday, the Consumer Financial Protection Bureau took aim at Capital One’s promises and handling of its “360 Savings” accounts. Despite promoting 360 Savings as an account that ...

The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...

The bank even prohibited employees from informing customers about the higher-yielding option, according to the CFPB complaint. Capital One, headquartered in McLean, Virginia, operates as a national ...

Unfortunately, the Consumer Financial Protection Bureau (CFPB) believes that Capital One has been cheating its customers, thus questioning if consumers should keep Capital One as a credit provider.