Capital One sued by US watchdog alleging bank cheated customers out of $2 billion – The Associated Press
NEW YORK (AP) — A U.S. watchdog agency has accused Capital One of misleading consumers about its services for high-interest savings accounts and “defrauding” customers of more than $2 billion in lost interest payments as a result. The lawsuit states: In a complaint filed Tuesday, the Consumer Financial Protection Bureau criticized Capital One's promise and […]
Consumer bureau sues Capital One for 'cheating' customers on savings account interest
The government's consumer watchdog group sued Capital One on Tuesday, accusing it of “defrauding” customers of billions of dollars in interest. Consumer Financial Protection Bureau (CFPB) Accusing big banks Despite promising the “highest'' and “highest'' interest rates in the country, interest rates on 360 savings accounts will be frozen at a low level due to […]
Starbucks making customers pay to use bathroom under new CEO Brian Niccol
If you want to hang out at Starbucks or go to the bathroom, you have to buy something. Starbucks announced Monday that it is rescinding its policy of inviting everyone inside its stores. The new code of conduct, which will be posted at all of the company's stores in North America, also prohibits discrimination and […]
FreshDirect quietly slips in extra fee to customers in NYC congestion pricing zone
Eagle-eyed Fresh Direct customers who live in Manhattan's congestion toll zone may have noticed an additional fee on their bill — as the online grocer offsets the heinous toll payment. The Post found out after secretly adding an additional fee to the company. Fresh Direct, the Bronx-based company with colorful trucks, imposed an extra 50 […]
AT&T to credit qualifying customers after service outages: Who is eligible?
(WKBN) – AT&T made a “bold promise” to customers Wednesday, telling them it plans to issue credits to consumers who have lost phone service or fiber-optic connectivity. The telecom giant touted its new “AT&T Guarantee” in a press release issued Wednesday. “The AT&T Guarantee will set a new standard in customer experience across network, customer […]
AT&T to offer customers bill credits for network outages
See what's being clicked on FoxBusiness.com. Telecommunications giant AT&T said Wednesday it will offer bill credits to customers affected by network outages as part of an effort to attract customers after the industry experienced several significant disruptions last year. In February 2024, AT&T suffered a nationwide wireless service outage that lasted more than 12 hours, […]
It's official – this is the day Bank of America and Citi will close their branches and stop serving their customers – El Adelantado de Segovia
This may sound scary at first glance, but there's no need to worry. Bank of America and Citi won't close overnight — at least not permanently. This January, America's most prominent bank will close, but it won't be because of financial problems. Rather, it's just for the holidays. As an important event, New Year's Day […]
US Lenders Lose $46,000,000,000 As Customers at Capital One, Citi, JPMorgan Chase, Synchrony, Discover, Citi and Bank of America Face Billions in Delinquencies – The Daily Hodl
Defaults on credit card loans are rapidly increasing in the United States. Financial institutions are currently seeing credit card defaults reach a 14-year high. report Financial Times. Bad credit has forced lenders to write off a massive $46 billion in loans that are believed to be seriously delinquent in the first nine months of 2024. […]
CA Law Requires Gun Dealers to Warn Customers About Dangers of Guns
A California law that went into effect on January 1, 2025 requires licensed gun dealers to warn customers about the dangers of gun ownership. USA Today reported The law, AB 1596, “requires firearms dealers to provide consumers with a pamphlet covering the reasons for and risks of firearm ownership.” In the warning, dealers are supposed […]
Over 4,600 RBFCU customers’ data may be leaked in data breach, Texas AG’s office says – KSAT San Antonio
san antonio – Randolph Brooks Federal Credit Union (RBFCU) may have compromised the banking information of 4,607 customers, according to the Texas Attorney General's Office. Violations were reported as follows: Data Breach Security Report Website on monday. Information such as names, debit card numbers and account numbers may have been compromised, the website said. The […]