Thursday, November 7, 2013

CFPB Seeks Complaints

The Consumer Finance Protection Bureau, CFPB for short, has had as its main purpose since it was created a couple of years ago, the protection of consumers from any egregious procedures or unfair activity by lenders. Over the time of its existence, this has included fielding complaints from consumers who feel wrongfully treated by their lenders. Now they are planning on increasing this activity. The newest complaint procedure has not yet been rolled out, but in the meantime, if you feel wrongfully dealt with on your financing, or that your rights were violated, you can still send your grievance to them for investigation. One place to go is: www.consumerfinance.gov , which is their web site. That site will then guide you through the complaint process. As always, good luck.

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