05-31-2023, 08:27 PM
The Consumer Finance Protection Bureau (CFPB) reports that the total number of consumer complaints regarding credit bureaus from 2021 to 2022 jumped from 496,000 to 800,394. Consumers can submit complaints against financial institutions about the products those institutions offer, including bank accounts, mortgages, loans, and more. Moreover, 94% of complainants attempted to address their issues directly with the bureaus first, demonstrating a bleak picture of two startling events: the credit bureaus are not helping the ones that inquire