Capital One Sued for Allegedly Cheating Customers Out of $2 Billion in Interest Payments
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, accusing the bank of depriving millions of consumers of more than $2 billion in interest payments on its high-interest savings accounts. According to the CFPB, Capital One froze the interest rates on its “360 Savings” accounts at low levels, despite rising interest…
