Capital One sued; Cheated customers out of $2 billion, feds said
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
Cash App owner failed to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
Capital One allegedly swindled savings account holders out of billions in interest income
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
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US consumer finance watchdog faces lawsuit for classifying digital wallets as banks
Technology trade groups TechNet and NetChoice filed a lawsuit on Jan. 16 to challenge the CFPB's regulatory approach.
American Express agrees to $109 million fine for deceptive marketing
American Express has agreed to pay nearly $109 million in fines related to deceptive marketing and false account allegations, ...
$4.5 billion in loan debt owed by former Ashford University students wiped from books
Thousands of borrowers who sought college degrees from a for-profit, largely online university that had a Clinton, Iowa, campus no longer will have to repay their student loans as the result of action ...
Capital One technical glitch preventing customers from getting paid: ‘I’m hungry’
FOX Business reached out to Capital One for comment. It’s the latest blow to the financial institution, which is being sued ...
CFPB sued for trying to regulate digital payment apps more like banks
Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps ...
CFPB Fines CashApp $175 Million for Allegedly Mishandling Fraud Claims
If you lost money to scammers or had your account frozen on a popular peer-to-peer payment platform, you might be due for a ...
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CFPB withdraws NSF proposal and earned wage access opinion
The Consumer Financial Protection Bureau rescinded a proposed rule on nonsufficient funds fees and a 2020 advisory opinion on ...
Record-high credit card interest rates and fees are bogging down consumers. Here’s how to avoid them.
US Banks & Branch Offices used resources from the Consumer Financial Protection Bureau and other groups to learn about credit ...