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Welcome to Consumerist's 7th Annual Worst Company In America tournament, where the businesses you nominated face off for a title that none of them will publicly admit to wanting — but which all of them try their hardest to earn. So it's time to fill in the brackets and start another office pool. That is, unless you work at one of the 32 companies competing in the tournament.
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CFPB Now Taking Complaints About Checking, Savings Accounts
Seven months after launching its
credit card complaint portal, the Consumer Financial Protection Bureau has started taking complaints from checking and savings account customers — and actually expects banks to respond.
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Got An HSBC Credit Card? It Will Soon Be A Capital One Card
Two months after upsetting ING Direct customers
by agreeing to buy the online bank for $9 billion, the Capital One vikings/barbarians have announced a deal to purchase HSBC's credit card division for $2.6 billion.
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Capital One Tries, Fails To Allay Fears Of ING Direct Customers
When we first reported that
Capital One would be purchasing online bank ING Direct, the response from ING customers was overwhelmingly negative with some variation on "noooooo" being a common comment. But lest you think everyone at Cap One is a barbarian (and/or viking), a rep for the perennial Worst Company In America contestant talked to the NY Times to allay ING customers' fears about their new overlords.
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Report: Capital One To Buy ING Direct For $9 Billion
The barbarians at Capital One have reportedly laid siege to the ING castle and are prepared to take control of online bank ING Direct, a move that would allow Cap One to leapfrog over the head of several competitors.
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9 Of The Most Annoying Bank Fees
The banks of America are breaking new ground every day in the science of nickel-and-diming consumers with fees that start from the second you open an account to the moment you angrily close your account... only to move it to another bank with a different set of fees. But since there are so many ways in which financial institutions can bleed your account dry, the folks at CNN Money have come up with their list of the most annoying fees.
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ING Won't Give Me My Dead Husband's Money (Updated)
Cathy's husband died about a year ago, and she recently discovered he had a secret CD account with ING that he was using to save up for a surprise vacation. For no apparent reason, the bank is freezing her out of the $2,000 in the account. She says it will cost much of than that in lawyer's fees to try to get the money, but she's fighting anyway.
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ING Slashes Mortgage Rate, Jacks Fees, Leaves Me Out Cold
As complaints about mortgage companies go, Chris's gripe about ING Direct isn't something that will bring tears to your eye, but it does work as a fair word of warning for those considering refinancing with the e-bank. He says the bank slashed its interest rates but more than tripled the closing costs. He writes:
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