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CFPB Complaint

A formal complaint filed with the Consumer Financial Protection Bureau against a financial institution.

📜 Dodd-Frank Act, Title X📅 Since 2011
🇺🇸 United States

📖 What It Means

A CFPB (Consumer Financial Protection Bureau) complaint is a formal complaint filed against a financial company through consumerfinance.gov. The CFPB forwards the complaint to the company, which must respond within 15 days. CFPB complaints are extremely effective — companies resolve them quickly to avoid regulatory scrutiny. The database is public and companies track their complaint volumes.

✅ Key Points

  • 1File free at consumerfinance.gov/complaint
  • 2Company must respond within 15 days
  • 3Covers banks, credit cards, loans, money transfers, debt collection
  • 4Public database — companies monitor their complaint volumes
  • 5Often resolved faster than direct customer service

💡 How to Use This

Filing a CFPB complaint is free and extremely effective for financial disputes. Companies take CFPB complaints seriously because they affect regulatory standing. Mention in your dispute letter that you will file a CFPB complaint if not resolved.

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⚖️ Legal Citation

Dodd-Frank Act, Title X

Use this citation in your dispute letters for legal weight.

🔗 Related Terms

FTC Complaint

A formal complaint filed with the Federal Trade Commission about unfair business practices.

Credit Card Chargeback

A reversal of a credit card transaction initiated by the cardholder through their bank.

Fair Credit Billing Act (FCBA)

Federal law protecting consumers from unfair credit billing practices.

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