The Consumer Financial Protection Bureau is launching a public inquiry into how the credit card market works.
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
A survey of state and local consumer protection agencies found no shortage of complaints.
Happy Wednesday! Here are today’s hot stories.