CFPB Sues Experian for Sham Investigations of Credit Report Errors
Jan 7, 2025 · The CFPB’s lawsuit seeks to stop the company’s unlawful conduct, to provide redress for harmed consumers, and the imposition of a civil money penalty, which would be paid into the CFPB’s victims relief fund. Read today’s complaint. Learn …
CFPB Sues Capital One for Cheating Consumers Out of More Than …
Jan 14, 2025 · The CFPB alleges that Capital One obscured the new product from its 360 Savings accountholders and cost millions of consumers more than $2 billion in lost interest payments. The CFPB’s lawsuit seeks to stop the companies’ unlawful conduct, provide redress for harmed consumers, and impose civil money penalties, which would be paid into the ...
Capital One accused of owing members $2 billion, U.S. watchdog …
Jan 15, 2025 · The CFPB said with its lawsuit it intends to stop Capital One's allegedly unlawful practices and have it give civil penalties to a CFPB victims relief fund.
CFPB sues Capital One over $2B in unpaid interest to customers
Jan 14, 2025 · The CFPB on Monday took aim at financial companies’ fine print, proposing a rule that would ban contract clauses that “limit fundamental freedoms,” and prohibit firms from unilaterally amending key contract terms in their favor.
Enforcement Actions - Consumer Financial Protection Bureau
Jan 17, 2025 · Browse court documents and other related materials to enforcement actions taken by the Bureau against entities or persons we believe have violated the law.
CFPB sues Experian over "sham investigations" into consumer …
Jan 7, 2025 · Experian does not properly investigate consumer complaints of errors in credit reports, threatening their access to credit, employment and housing, the Consumer Financial Protection Bureau said...
Capital One sued by CFPB over its high-yield savings accounts
Capital One violated the Truth in Savings Act by describing its 360 Savings account’s interest rate as one of the nation’s “top” and “highest,” and that it would earn much higher interest...
Capital One accused of ‘cheating millions of customers’ out ... - CNN
Jan 14, 2025 · 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...
CFPB sues Chase, BofA and Wells Fargo over 'widespread' fraud …
Dec 26, 2024 · The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase JPM.N, Bank of America BAC.N and Wells Fargo WFC.N for failing to protect consumers from...
Capital One allegedly cheated customers out of $2 billion in …
Jan 14, 2025 · Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more...