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2025-01-15 15:22:08

Kim Perales on Nostr: A new lawsuit filed by the CFPB alleges that Capital One bank cheated its customers ...

A new lawsuit filed by the CFPB alleges that Capital One bank cheated its customers out of $2B. The bank deceived & abused its depositors, baiting them with promises of high interest rates before switching the terms & paying little interest. The CFPB claims -co purposefully hid the truth about these accounts from customers & concealed the availability of a new product -paid: higher interest-.

Several Rs & incoming Trump admin members support eliminating the CFPB.

#USPol
https://popular.info/p/how-a-major-cheated-its-customers
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