If the creditor chooses to disclose as separate transactions, the CFPB requires the construction phase to have its own Loan Estimate and Closing Disclosure, and the permanent phase to have a ...
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has blown the lid off a range of unscrupulous practices in the student loan industry ... second-largest form of household ...
But instead, the CFPB alleges, 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 ...
On January 8, the CFPB announced its intent to pursue rulemaking that would allow the agency to oversee nonbank personal loan lender. The announcement came in response to a petition filed in ...
The CFPB has proposed a $2.25 million compensation for borrowers against the National Collegiate Student Loan Trusts for improper debt collection practices. The judgment, pending approval ...
The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...
Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), which accuses the bank of cheating millions of consumers out of more than ...
In July, for example, the CFPB alleges, the Performance Savings rate was more than 14 times that of the original 360 Savings accounts. But Capital One kept existing customers in the original ...
The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship “360 Savings” accounts at low levels despite rates rising nationwide and said ...
In a complaint filed in the Alexandria, Virginia federal court, the CFPB said Capital One promised depositors that their 360 Savings account provided one of the nation's "top," "best" and "highest ...