Capital One: Difference between revisions - Consumer_Action

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*In September 2018, Capital One sponsored a tutorial on how to build a computer alongside The Verge that had multiple errors titled "How to Build a Custom PC for Editing, Gaming or Coding", and the video was removed due to backlash from the community.<ref>[https://www.youtube.com/watch?v=ZDbHnRWSXTk&t=1s https://www.youtube.com/watch?v=ZDbHnRWSXTk]</ref> In 2019, The Verge filed a DMCA take-down notice to YouTube to remove all reposts of the original video, alleging copyright infringement. YouTube took down two of the videos, uploaded by YouTube channels BitWit and ReviewTechUSA, while applying a copyright "strike" to these two channels.<ref>https://arstechnica.com/tech-policy/2019/02/the-verge-briefly-censored-youtubers-who-mocked-its-bad-pc-building-advice/</ref>

*In July 2019, Capital One publicly acknowledged a data breach of credit scores, credit limits, balances, payment history, and contact information of around 100 million clients.<ref>https://www.capitalone.com/digital/facts2019/</ref>

*In January 2025, the Consumer Financial Protection Bureau (CFPB) accused Capital One of cheating savings account holders out of $2 billion in interest payments by "deceptive, abusive and illegal" practices which obscured the difference between the high-interest "360 Performance Savings" accounts vs. low-interest "360 Savings" accounts. Capital One forbade its employees to volunteer information about or marketing 360 Performance Savings to existing customers. <ref>https://www.nytimes.com/2025/01/14/business/capital-one-cfpb-lawsuit.html</ref> In February of 2025, the CFPB under the Trump administration dismissed this action with prejudice. <ref> https://apnews.com/article/cfpb-drops-capital-one-rocket-lawsuits-e3a4a18ccd9ddd97610ef23fd6b843b2</ref>

*In January 2025, the Consumer Financial Protection Bureau (CFPB) accused Capital One of cheating savings account holders out of $2 billion in interest payments by "deceptive, abusive and illegal" practices which obscured the difference between the high-interest "360 Performance Savings" accounts vs. low-interest "360 Savings" accounts. Capital One forbade its employees to volunteer information about or marketing 360 Performance Savings to existing customers.<ref>https://www.nytimes.com/2025/01/14/business/capital-one-cfpb-lawsuit.html</ref> In February of 2025, the CFPB under the Trump administration dismissed this action with prejudice.<ref>https://apnews.com/article/cfpb-drops-capital-one-rocket-lawsuits-e3a4a18ccd9ddd97610ef23fd6b843b2</ref>

==References==

[[Category:Capital One]]

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 *In September 2018, Capital One sponsored a tutorial on how to build a computer alongside The Verge that had multiple errors titled "How to Build a Custom PC for Editing, Gaming or Coding", and the video was removed due to backlash from the community.<ref>[https://www.youtube.com/watch?v=ZDbHnRWSXTk&t=1s https://www.youtube.com/watch?v=ZDbHnRWSXTk]</ref> In 2019, The Verge filed a DMCA take-down notice to YouTube to remove all reposts of the original video, alleging copyright infringement. YouTube took down two of the videos, uploaded by YouTube channels BitWit and ReviewTechUSA, while applying a copyright "strike" to these two channels.<ref>https://arstechnica.com/tech-policy/2019/02/the-verge-briefly-censored-youtubers-who-mocked-its-bad-pc-building-advice/</ref>
 *In July 2019, Capital One publicly acknowledged a data breach of credit scores, credit limits, balances, payment history, and contact information of around 100 million clients.<ref>https://www.capitalone.com/digital/facts2019/</ref>
-*In January 2025, the Consumer Financial Protection Bureau (CFPB) accused Capital One of cheating savings account holders out of $2 billion in interest payments by "deceptive, abusive and illegal" practices which obscured the difference between the high-interest "360 Performance Savings" accounts vs. low-interest "360 Savings" accounts. Capital One forbade its employees to volunteer information about or marketing 360 Performance Savings to existing customers. <ref>https://www.nytimes.com/2025/01/14/business/capital-one-cfpb-lawsuit.html</ref> In February of 2025, the CFPB under the Trump administration dismissed this action with prejudice. <ref> https://apnews.com/article/cfpb-drops-capital-one-rocket-lawsuits-e3a4a18ccd9ddd97610ef23fd6b843b2</ref>
+*In January 2025, the Consumer Financial Protection Bureau (CFPB) accused Capital One of cheating savings account holders out of $2 billion in interest payments by "deceptive, abusive and illegal" practices which obscured the difference between the high-interest "360 Performance Savings" accounts vs. low-interest "360 Savings" accounts. Capital One forbade its employees to volunteer information about or marketing 360 Performance Savings to existing customers.<ref>https://www.nytimes.com/2025/01/14/business/capital-one-cfpb-lawsuit.html</ref> In February of 2025, the CFPB under the Trump administration dismissed this action with prejudice.<ref>https://apnews.com/article/cfpb-drops-capital-one-rocket-lawsuits-e3a4a18ccd9ddd97610ef23fd6b843b2</ref>
 ==References==
 <references />
 [[Category:Capital One]]