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Volume 28 - Number 21

October 9, 2017

Downloads Available: Consumer Complaints Filed With CFPB by Company: 9M2017


Consumer Complaints About Credit Reports Surged in Third Quarter

Consumer complaints to the CFPB about credit reports jumped in the third quarter, during which the massive Equifax data breach occurred, and year over year, according to a new analysis by Inside the CFPB. Gripes to the bureau leapt by 53.4 percent from the second quarter to the third, our analysis found, and skyrocketed 86.2 percent from year-ago levels. Criticisms about credit reports went from 12,830 in the first quarter of 2017 to 19,685 in the second, to 29,466 in the third. And it may get worse before it gets better, as the bad news about the Equifax hack makes its way further into the general population. Equifax-related complaints rose 131.2 percent during the period ending ... [With exclusive data]

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