Consumer Financial Protection Bureau now taking complaints on credit reporting

October 24, 2012

For the First Time Consumers Will Get Federal Assistance on Complaints

WASHINGTON, D.C.— Today the Consumer Financial Protection Bureau (CFPB) began accepting consumer complaints about credit reporting, giving consumers individual-level complaint assistance for the first time at the federal level.

“Credit reporting companies exert great influence over the lives of consumers. They help determine eligibility for loans, housing, and sometimes jobs,” said CFPB Director Richard Cordray. “Consumers need an avenue of recourse when they feel they have been wronged.

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