‘You’re Valuable Only If You Don’t Pay Attention’: CFPB Sues Capital One For $2 Billion In Savings Interest Losses
The consumer regulatory agency wants consumers not to have to pay attention, though it's not clear that what Capital One did was illegal, in fact it's almost obligatory. In most contexts, consumers do have to pay attention to get the best deal, and their counterparties are not fiduciaries on their behalf. Continue reading ‘You’re Valuable Only If You Don’t Pay Attention’: CFPB Sues Capital One For $2 Billion In Savings Interest Losses...
The consumer regulatory agency wants consumers not to have to pay attention, though it’s not clear that what Capital One did was illegal, in fact it’s almost obligatory. In most contexts, consumers do have to pay attention to get the best deal, and their counterparties are not fiduciaries on their behalf.
Continue reading ‘You’re Valuable Only If You Don’t Pay Attention’: CFPB Sues Capital One For $2 Billion In Savings Interest Losses…
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