POGO Applauds Bureau's New Credit Card Complaint Database-Boon for Consumers

By SUZANNE DERSHOWITZ : POLGOblog – excerpt

Last week, the Consumer Financial Protection Bureau (CFPB) launched a brand new credit card complaint database, providing the public with important, new information on which banks have generated criticism from consumers. Making these complaints available online will aid the American people in making responsible decisions about their finances and enhance the transparency of the credit card market. The database is a breakthrough for government openness and accountability, and POGO has been advocating for it since the early days of the CFPB, which was created by the Dodd-Frank financial reform of 2010…

(more)

About these ads