CFPB lets Capital One off the hook for $2 billion

Consumers who say they were cheated out of $2 billion in interest payments from Capital One (COF) will have to pursue action against the company on their own. That’s because the U.S. Consumer Financial Protection Bureau on Thursday dropped a legal action against Capital One, which the agency had accused last month of…Read more...

Feb 27, 2025 - 21:10
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CFPB lets Capital One off the hook for $2 billion

Consumers who say they were cheated out of $2 billion in interest payments from Capital One (COF) will have to pursue action against the company on their own. That’s because the U.S. Consumer Financial Protection Bureau on Thursday dropped a legal action against Capital One, which the agency had accused last month of…

Read more...