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The CFPB claims that Capital One used two similarly named products, 360 Savings and 360 Performance Savings, to create a two-tier system where existing savings account customers were purposely ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating" customers out of more than $2 billion in lost ...
At issue is Capital One’s marketing of the “360 Savings” account that used words as “one of the nation’s” “top,” “best,” and “highest” to describe the interest earned from it.
Capital One Shopping is a browser plugin, website and mobile app that offers e-commerce comparison shopping and cash back at online retailers (more than 30,000) that participate in its programs, but has been accused of being a malicious cookie stuffing Trojan horse.
As banks continued to tighten lending standards in the third quarter of 2023, one area of optimism for consumers was a decline in rejection rates for credit card limit increases.
Credit One Bank, N.A., headquartered in Las Vegas, Nevada, is a bank specializing in credit cards for borrowers with low credit scores. [2] It is owned by Sherman Financial Group , which runs one of the largest buyers of consumer debt in the United States. [ 3 ]
Per CFBP, Capital One marketed its 360 Savings as a “high-interest” account with one of the nation’s best rates, only to mislead customers by freezing the rate at 0.30%.
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