Capital One N.A. And Capital One Bank (USA) N.A. Have agreed to pay approximately $12 million to resolve a lawsuit by the Department of Justice alleging the companies violated the Servicemembers Civil Relief Act (SCRA). The settlement covered a range of conduct that violated the protections guaranteed service members by the SCRA, including wrongful foreclosures, improper repossessions of motor vehicles, wrongful court judgments, improper denials of the 6 percent interest rate the SCRA guarantees to service members on some credit card and car loans and insufficient 6 percent benefits granted on credit cards, car loans and other types of accounts. For more info visit https://www.justice.gov/opa/pr/justice-department-reaches-12-million-settlement-resolve-violations-servicemembers-civil
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