Capital One sued by CFPB for allegedly cheating customers out of $2 billion

FOX Business ^ | January 15, 2025 | Breck Dumas

[simpson96]

[Old Yeller]

Where’s your wallet?

[Jyotishi]

What’s a wallet?

[ridesthemiles]

MY FAVORITE IS THIS WINTER’S AD WITH JOHN TRAVOLTA DRESSED AS SANTA & ghe music is from “SATURDAY NIGHT FEVER”.

[workerbee]

I learned my lesson with Capitol One about 20 yrs ago. They’re thieves, no ifs ands or buts about it.

[PeterPrinciple]

Banks should not be baiting people with promises they can’t live up to,” CFPB Director Rohit Chopra said

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the promise was offered and available. do you expect your bank to make financial decisions for you? In fact, I wonder if it would be legal for a teller to make a financial recommendation.

Consumers have some responsibility also.

[SteelPSUGOP]

Please go to the link and check out the article. The picture with Biden in the background is hilarious.

Jeff Dunham and Walter.................

[montag813]

Lawyers to victims: “Here’s your $1.70”

[orionrising]

sure to a point. but advertising a producat as one of the highest interest rates while offering one 10 times higher... is defintiely false advertising.

[PGR88]

Liz Warren needs some leftist community organizer walking-around money

[Hartlyboy]

I have several accounts with Capital, all paying different rates. The information on which accounts pay which rates are clearly available in their website and you can transfer easily between accounts. Last thing we need is a gov’t agency coming in to ‘help’ us.

[PeterPrinciple]

Capital One stopped offering 360 Savings to new customers when it introduced 360 Performance Savings,

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The teller actively tells you that current cd rates are 4%. so you buy one but the next day they are 5%. many would sue the bank for bad financial recommendations.

They can response to your request, but cannot sell. A financial advisor can make a recommendation to you.

The bank recommending the new savings plan opens up all kinds of liability for them.

[Jonty30]

Capital One fees

[ConservativeMind]

I haven’t heard good things about Capital One. Only that they don’t treat customers the best.

[Tell It Right]

sure to a point. but advertising a producat as one of the highest interest rates while offering one 10 times higher... is defintiely false advertising.

Respectfully, I have to agree with PP on this. What next?

Will Invesco get sued for advertising heavily their QQQ tech fund, which has made 10.04% since inception, instead of advertising their OPTFX large cap fund, which has made 12.31% since inception?

Or maybe going after KFC for advertising their original recipe chicken if someone says their pot pie is better?

[dfwgator]

I’ve had no issues with them. What’s nice is with the Venture X card, I get access to the Capital One Lounge at DFW Airport.

[bertmerc1]

I have several accounts with Capital, all paying different rates. The information on which accounts pay which rates are clearly available in their website and you can transfer easily between accounts. Last thing we need is a gov’t agency coming in to ‘help’ us.

I also have numerous accounts with Capital One and enjoy my returns which are clearly delineated on their website.

[George from New England]

This outfit bought out ING Direct back in the 2010s. I had to move all my online savings away from these crooks.

[VanShuyten]

“JPMorgan Chase and Goldman Sachs Post Surging Profits”

https://freerepublic.com/focus/f-news/4290273/posts