Capital One to pay $210M over marketing tactics

By Daniel Wagner

Associated Press

Published: Wednesday, July 18 2012 3:14 p.m. MDT

Summary

The Obama administration's consumer watchdog agency flexed its enforcement muscles for the first time Wednesday and ordered Capital One Bank to repay millions of credit card customers allegedly tricked into buying costly add-on services.

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Richard Larson

Galt, CA

"What's in your wallet"?

4:57 p.m. July 18, 2012
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NedGrimley

Brigham City, UT

Is anyone surprised by this? Its pretty obvious that if you're promoting your credit card, or "free" credit report on TV, you've got to be making the money somewhere.

8:32 a.m. July 19, 2012
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Mark B

Eureka, CA

Is Ned trying to say that that card USERS are at fault because they SHOULD have assumed they would be ripped off somehow? Good thing the court felt otherwise.

3:18 p.m. July 19, 2012
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