Capital One To Pay 210M In U S Consumer Agency S First Action
Capital One is not quite “No Hassle” according to federal charges that the credit card company violated consumer protection requirements. Capital One will pay $210 million to settle charges raised by the Consumer Financial Protection Bureau. The majority of that money will go to consumers but $60 million will be paid out in fines. This if the CFPB’s first enforcement action since the federal agency was created about a year ago....