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 ...
Capital One, the CFPB alleges, promised customers that its flagship 360 Savings account provided one of the nation’s “best” and “highest” interest rates, but the bank froze the interest rate at a low ...
Chopra has no formal say in whether to approve the acquisition, Seiberg noted. The Trump-led CFPB may choose to stick with the lawsuit, but the bank may ultimately choose to settle it rather than ...
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 ...
saying the bank led them to believe they were receiving a higher percentage yield than they actually were. Capital One received a civil investigative demand on the matter from the CFPB in August ...
CFPB alleges Capital One misled customers by freezing 360 Savings rates while promoting a higher-yielding, hidden product. Lawsuit seeks restitution for harmed consumers and civil penalties after ...
The bank allegedly failed to notify 360 Savings ... the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the 360 Performance Savings ...
The Dallas-based parent company of Comerica Bank expects this year's average loan growth to be flat to up 1% year over year. The interest rate outlook — which forecasts fewer rate reductions after ...
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