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Capital 1 Discloses CFPB Probe on Savings Accounts
Capital One warns of potential CFPB enforcement action over its savings accounts
The probe comes as the company is awaiting regulatory approvals for its $35.3 billion acquisition of Discover Financial Services.
Capital One discloses CFPB investigation tied to savings account lawsuit
A lawsuit brought by Capital One savings account customers in July 2023 has now attracted the attention of the Consumer Financial Protection Bureau.
Capital One warns of possible CFPB enforcement action
The bureau notified the lender last month it’s considering action after customers sued Capital One, claiming it never told savings account holders they could get a higher yield if they switched to another product.
Capital One Faces Potential CFPB Action Over Alleged Savings Account Misrepresentations
Capital One disclosed it may face enforcement action from the Consumer Financial Protection Bureau over alleged misrepresentations concerning its savings accounts. The inquiry follows a customer lawsuit
Capital One Discloses CFPB Probe on Savings Accounts
The Consumer Financial Protection Bureau is probing Capital One's high-yield savings accounts, the bank said in a securities filing Thursday. The Journal reported earlier this year that the bank paid
ConsumerAffairs
1d
Capital One says it could face a federal enforcement action
Capital One has disclosed that a federal agency – the Consumer Financial Protection Bureau (CFPB) – could launch an ...
bankingdive
1d
Visa lawsuit may complicate DOJ’s scrutiny of Capital One-Discover deal, analysts say
If the Justice Department were to block the Capital One-Discover deal while also going after Visa, “they’d be intellectually ...
5d
What Former Capital One Walmart Cardholders Should Do Next
Walmart Rewards cardholders are stuck between a rock and a hard place if they're unsatisfied with the Quicksilver as a ...
1d
Capital One Platinum Credit Card review: An unsecured credit-builder card
This Capital One Platinum Credit Card offers no rewards, but it's an unsecured card available if you have average credit.
Inc
12d
Capital One Business
At the latest Inc. Founders House, co-founders of Farther shared fundraising and cash flow management lessons from their own ...
11d
on MSN
Capital One's Hidden Perk
You don't have to be a Capital One customer to enjoy a Capital One Café, but you do get a few perks if you are one. For ...
4d
on MSN
Capital One warns of potential enforcement action over savings accounts
The agency may also pursue litigation,
Capital
One
warned. At the center of the controversy is a lawsuit filed by some ...
4d
3 Reasons to Choose the Capital One Quicksilver Over a 2% Cash Back Card
The Capital One Quicksilver earns 1.5% cash back on every purchase. Here's why it beats credit cards that earn 2% back.
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