Customer Financial Protection Bureau Monthly Complaint Snapshot Auto As Well As Other Consumer Loan Complaints
Report Also Incorporates In-Depth Glance At Customer Complaints from Arkansas
WASHINGTON, D.C. – Today, the buyer Financial Protection Bureau (CFPB) circulated a month-to-month grievance snapshot showcasing complaints about consumer loans including car loans and leases, installment loans, title loans, and pawn loans. The report demonstrates that customers continue steadily to whine about problems managing their loans and issues they encounter if they are struggling to spend from the loans. This month’s report also highlights trends present in complaints originating from Arkansas. At the time of 1, 2016, the Bureau has handled approximately 906,400 complaints across all products june.
“Consumers deserve become addressed fairly within the monetary market,” said CFPB Director Richard Cordray.
“It is very important that banking institutions give customers valid information on the regards to their loan and supply guidance that is proper help customers handle the mortgage and fundamentally pay it back.”
Category Spotlight: Customer Loans
The “consumer loan” category into the CFPB’s customer grievance database includes complaints about car loans and leases, installment loans, pawn loans, name loans, and individual personal lines of credit. 자세히 보기 →