[MND NewsWire] – Cordray says Consumer Complaints are Key to Helping Consumers and the Marketplace

Cordray says Consumer Complaints are Key to Helping Consumers and the Marketplace

Posted to: MND NewsWire
Thursday, March 28, 2013 12:51 PM

Forward this email:  Send a copy of this story to someone you know that may want to read it.

In addition to announcing the availability of a new consumer complaint database, Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB) told attendees at a Consumer Response Field Hearing that complaints give the new agency three distinct and important ways to help consumers

Each complaint is a chance to evaluate a perceived problem and see if it can be resolved quickly.  CFPB has received more than 130,000 complaints from individual consumers, including complaints about mortgages, credit cards, student loans, auto loans, bank accounts, credit reports, and more and has helped consumers secure millions of dollars in monetary relief and non-monitory solutions such as cleaning up credit reports.  In this way he said, our consumer response team is making a real difference in the financial marketplace…

(READ THE FULL POST)

 

More from MND:

 

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/03282013_cfpb_cordray.asp

You were sent this email because you opted to receive email alerts when a new article was published to this Mortgage News Daily channel. To adjust your email settings:
Manage Your Email

Unsubscribe from all Email Communications

Forward this email:  Send a copy of this story to someone you know that may want to read it.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s