Category: cfpb
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(Update) CFPB Sues Capital One Over Maintaining Two ‘360 High Yield Savings Accounts’ With Differing Rates
Written by Chuck @ Doctor Of Credit Update 5/18/25: A separate lawsuit had been filed. Capital One has agreed to pay $425 million to settle it according to Reuters. Capital One will pay 360 savings depositors $300 million to cover interest they could have gotten with 360 performance savings accounts A further $125 million will…