Capital One sued by US CFPB for avoiding billions in interest payments
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship "high interest" savings account out of more than $2 billion in interest payments.
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Bank groups sue CFPB over rule to limit overdraft feesDec. 13 (UPI) --Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit overdraft fees. The Consumer Bankers Association ...
The rule, part of the Biden administration's push to reduce junk fees to ease the burden on consumers, caps overdraft fees at $5. President Joe Biden has said that overdraft fees, which can reach ...
Trade groups file lawsuit against CFPB over new rule banning medical debt from credit reports, arguing it exceeds statutory authority.
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of President Joe Biden ...
Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit overdraft fees. The Consumer Bankers Association, American Bankers ...
While most of the Biden administration's prudential banking regulations can't be overturned under the Congressional Review ...
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Capital One Accused of Deceptive Savings Practices By CFPBKey Points ・The CFPB has filed a lawsuit against Capital One for misleading millions of customers about savings account interest rates, leading to over $2 billion in lost interest. ・Capital One is ...
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