The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr! The consumer crew be takin' Capital One to court fer shortchangin' the buccaneers on their treasure o' interest!

2025-01-15

Arrr, matey! On Tuesday, the gub'ment’s eye-patch-wearin' watchdog raised the sails an’ sued Capital One fer bilkin' customers outta gold doubloons in interest! They promised treasure, but lent 'em naught but crumbs while creatin' a shiny new chest fer the savvy crew! Aye, the seas be full o’ trickery!

Avast, me hearties! Gather 'round, fer I bring ye tales of thievery on the high seas of finance! The scallywags at Capital One be facing the wrath of the mighty Consumer Financial Protection Bureau, a fearless crew sworn to protect the good folk from dastardly deeds.

On a fine Tuesday morn, the CFPB unleashed their cannonade, accusing the banking brigands of cheating honest sailors out of billions in shiny doubloons through their low-interest ruse. Aye, they promised the grandest rates known to mankind, yet when the winds of fortune shifted and rates soared, Capital One be freezing their interest rates like a fish caught in a net!

In the year of our Lord, 2019, these rapscallions devised a cunning plan to launch a “360 Performance Savings” account that be paying far more in interest than their 360 Savings account. It be naught but a treacherous trick, leading many an unsuspecting sailor into their clutches without a map to guide 'em! So, hoist the black flag, ye landlubbers! The CFPB be on the hunt, ready to plunder the treasure troves of these banking buccaneers and set things right on the turbulent seas of consumer finance!

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