Reining in Wall Street Updates

News Release | CoPIRG | Consumer Protection

CFPB’s 6th Anniversary: 20,000 CO Consumer Complaints Handled, Thousands Received Relief

As the Consumer Financial Protection Bureau (CFPB) celebrates its 6th anniversary this week, CoPIRG staff gathered to celebrate six years of the CFPB getting results for Coloradans. Since 2011, the CFPB has handled nearly 20,000 Colorado consumer complaints on issues dealing with debt collection, mortgages, student loans, credit cards and other financial services. 97% of the Coloradan’s complaints in the CFPB’s complaint database received timely responses from companies and over 2,500 Coloradans received some kind of relief from the company so far.

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