CFPB, Capital One

You could save $200 per year thanks to the CFPB’s new cap on overdraft fees
The banking industry is less than thrilled, and plans to make up the difference with new fees.
Capital One sued by CFPB for allegedly cheating customers out of $2 billion
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion by misleading them.
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.
Capital One sued by US CFPB for avoiding billions in interest payments
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship "high interest" savings account out of more than $2 billion in interest payments.
CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual percentage yields, the CFPB said in a statement Tuesday. However, after launching its 360 Performance Savings account in 2019, Capital One lowered and froze the account's savings APY, the CFPB said.
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 Sued by CFPB Over Its Savings Accounts
The Consumer Financial Protection Bureau alleged the bank misled some of its customers by not paying them the rate it advertises on its main savings account.
Capital One sued by CFPB for ‘cheating’ consumers on interest payments
The Consumer Financial Protection Bureau announced that it has sued Capital One (COF), N.A., and its parent holding company, Capital One
Capital One faces US CFPB lawsuit over $2bn in unpaid interest
US-based bank Capital One is facing legal proceedings from the US Consumer Financial Protection Bureau (CFPB) for ‘cheating’ consumers of more than $2bn in interest payments on savings accounts. The lawsuit said the bank allegedly misled holders of its “360 Savings” account,
Capital One Is Sued by CFPB. Why It Won’t Affect Discover Acquisition.
The Consumer Financial Protection Bureau is accusing the bank of illegally misleading millions of customers about its savings accounts.
Capital One Sued by CFBP for Allegedly Avoiding More Than $2 Billion in Interest Payments
The Consumer Financial Protection Bureau on Tuesday sued Capital One Financial (COF) and its banking unit Capital One NA for allegedly freezing interest rate increases for one of its savings account programs.
American Banker7h
Trump team eyes hiring freeze, regulatory rollbacks for CFPB
The incoming Trump administration's 'agency review team' has landed and is expected to name an acting director of the ...
The CFPB Is Digging In for Last Days of Biden's Term. But What Happens Next?
There are a lot of consumers and particularly consumer advocates who think that the CFPB has done a great job. Trump held himself out to be a populist… acting, with an agenda that supports consumers,” ...
CFPB Proposal on Worker Pay Advance Disclosures Left Undone (1)
The Consumer Financial Protection Bureau withdrew guidance from President-elect Donald Trump’s first term limiting fee ...
American Banker9h
CFPB releases guidance documents as blueprint for states
The Consumer Financial Protection Bureau released recommendations on how states can beef up enforcement after the Trump ...
JD Supra13h
CFPB Introduces New Rule Banning Certain Contractual Provisions in Consumer Financial Agreements
The Consumer Financial Protection Bureau (CFPB or Bureau) proposed a new rule aimed at banning certain contractual provisions in agreements ...