You now can get details about consumer complaints regarding financial products — in their own words.
While being on the FTC’s National Do Not Call Registry may not stop telemarketers from calling you, it’s still worthwhile to put your cell, VOIP and land lines on the list.
In a move that could create further tension with banks but generate popularity with consumers wanting to vent, the Consumer Financial Protection Bureau is proposing publishing more information on consumer complaints against banks. In particular, the CFPB wants to give customers the ability to publicly publish narratives of their experiences with a financial company. It
It is important to have a general idea as to how much your significant other has saved to determine your financial stability.
Issues with closing or managing a bank account made up the bulk of complaints.
CFPB alleges an online lender engaged in abusive and deceptive lending practices.
Consumer advocacy groups ask federal regulators to step up bank scrutiny.
U.S. court stops fake payday loan collectors operating in Cleveland, Atlanta.
Banks can report suspected elder financial abuse to proper authorities without fear of violating federal privacy notification and opt-out rules, federal agencies say.
The FDIC offers tips for seniors to manage their finances and protect against fraud.