The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...

On January 13, 2025, the CFPB announced a proposed rule aimed at prohibiting companies from including in consumer agreements terms that operate ...

One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and ...

The lawsuit, filed in the US Federal District Court for the District of Columbia, is supported by a trade association ...

Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the ...

In a statement, the CFPB claims that Capital One falsely advertised its “360 Savings” account as offering one of the best interest rates in the nation, only to freeze the rate at a low level ...

The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

These actions mean Capital One “illegally avoided paying billions in interest to millions of consumers,” the CFPB wrote in its Tuesday complaint. The agency says it’s seeking to impose civil penalties ...

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 ...

As a result, that decision cost consumers more than $2 billion in lost interest payments.“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts ...