Quick Answer: CFPB complaints allow consumers to report problems with financial products and services, triggering investigations that can lead to company responses and regulatory action. The Bureau now accepts complaints about online marketplace lenders and released guidance to help consumers navigate this emerging lending sector.
Bureau Releases Consumer Bulletin with Information and Tips on Marketplace Lending WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) announced it is accepting complaints from consumers encountering problems with loans from online marketplace lenders. The Bureau is also releasing a consumer bulletin that provides an overview of marketplace lending and outlines tips for […]
This news from the CFPB was distributed by the Personal Finance Syndication Network.
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