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Capital 1 Cheated 360 Savings Customers On Interest
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 allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
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 rates rose.
Medical Debt, Consumer Financial Protection Bureau
CFPB Removes $49 Billion In Medical Debt From Credit Reports, Boosting Financial Access For 15 Million Americans
The Consumer Financial Protection Bureau has announced significant changes to how medical debt affects consumers' financial health. Medical bills will no longer appear on credit reports or factor into lending decisions,
$49 billion in medical debt will be wiped off Americans' credit reports—what you need to know
The Consumer Financial Protection Bureau has finalized a rule to keep medical bills off of consumers’ credit reports.
New CFPB regulation removes medical debt from credit reports, easing financial burden
In a groundbreaking move, the Consumer Financial Protection Bureau (CFPB) has approved a regulation that will exclude medical debts from American credit reports.
1d
No magic ‘wand’ for the GOP in scrapping consumer rules
A flurry of recent actions by the Consumer Financial Protection Bureau has left Republicans seething about “midnight ...
6h
Capital One sued over deceptive savings rates
The Consumer Financial Protection Bureau alleged Tuesday the bank "obscured" an account from customers that paid a rate 14 ...
NerdWallet
11h
What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
JD Supra
1d
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 ...
4h
Capital One accused of 'cheating' customers out of $2 billion
The Consumer Financial Protection Bureau is suing Capital One for 'cheating' customers out of $2 billion in interest.
IJR
2d
‘Midnight Rulemaking’ From Liz Warren’s Favorite Agency Spells Even More Bad News For Cash-Strapped Americans
The Consumer Financial Protection Bureau (CFPB) issued a new rule Tuesday that will hide nearly $50 billion in medical bills ...
JD Supra
1d
Mark Your Calendars: 2025 Compliance Dates for Key Consumer and Small Business Financial Services Regulations
One of the primary challenges with working in the U.S. financial services space is keeping up with the ever-changing federal and state ...
2d
on MSN
Biden's consumer watchdog is taking a big last-minute risk
Rohit Chopra has been going for broke. With the Biden administration winding down, the Consumer Financial Protection Bureau ...
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