Capital One Files ‘Disturbing’ Number of Lawsuits Against Its Cardholders

RED ARMY

A ProPublica analysis of state court filings reveals that Capital One sues its customers far more than any other bank—and typically for amounts between just $1,000 and $1,500.

Published Dec. 28 2015 5:00AM EST

by Paul Kiel, ProPublica

Several years ago, Capital One gave Oscar Parsons, 46, his first credit card. At the time, he didn’t need a loan. But he banked at a Capital One branch near his Bronx apartment, and when it was offered, he thought, “Why not?”

Initially, he had little problem keeping...

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Capital One Files ‘Disturbing’ Number of Lawsuits Against Its Cardholders

A ProPublica analysis of state court filings reveals that Capital One sues its customers far more than any other bank—and typically for amounts between just $1,000 and $1,500.

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