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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 interest.
The Consumer Financial Protection Bureau (CFPB) has filed a $2 billion lawsuit against Capital One, alleging that the bank deceived millions of consumers with their savings account offerings. The ...
He was charged with one count of sending threatening interstate communications, which carries up to five years in prison, and released on $25,000 bond. Bullard will be tried in Virginia, where ...
Despite promoting 360 Savings as an account that provides one of nation's highest interest rates, the CFPB alleges that Capital One froze its rate at a low level for at least several years, even as rates rose nationally. At the same time, the CFPB adds, the bank created “360 Performance Savings," which saw a much higher rate grow.
In August 2014, Capital One and three collection agencies entered into an agreement to pay $75.5 million to end a consolidated class action lawsuit pending in the United States District Court for the Northern District of Illinois alleging that the companies used an automated dialer to call customers' cellphones without consent, which is a ...
PRA Group, Inc. is a publicly-traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries. [2] [3]
In August 2014, Capital One Financial Corp., AllianceOne Receivables Management Inc., Leading Edge Recovery Solutions, LLC and Capital Management Services, L.P. entered into an agreement to pay $75.5 million to end a consolidated class action lawsuit pending in the United States District Court for the Northern District of Illinois alleging that ...
This caller went down a ‘slippery slope’ with an unexpected tax bill.
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