YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Consumer Financial Protection Bureau has filed suit against Capital One.
The lawsuit alleges Capital One has misled customers about offerings for high-interest savings accounts. Capital One is accused by the CFPB of allegedly "cheating" customers out of around $2 billion in lost interest payments.
Capital One officials said the company is “deeply disappointed to see the CFPB continue its recent pattern of filing eleventh-hour lawsuits ahead of a change in administration.”
Read more from The Associated Press.
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