Credit Reporting Companies Rank at Top of CFPB Consumer Complaints

Of the five most-complained-about companies, three of them are credit reporting companies

By Jeff Sorg, OnlineEd Blog

complainerOnlineEd (August 26, 2015). – The Consumer Financial Protection Bureau (CFPB) released its monthly consumer complaints snapshot. The top three companies that received the most complaints from March through May 2015 were Equifax, Experian, and Bank of America. Of the five most-complained-about companies, three of them — Equifax, Experian, and Transunion— are credit reporting companies.

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Jeff Sorg

About the Author

Jeff Sorg is a co-founder of OnlineEd®, a Web-based vocational school founded in 1997 where he also serves as Corporate Secretary, Chief Operating Officer, and School Director. Sorg holds vocational instructor licenses in Oregon, Washington, California, and Nevada and has authored numerous pre-licensing and continuing education courses. Sorg was awarded the International Distance Education Certification Center's CDEi Designation for distance education in 2008. OnlineEd® provides real estate, mortgage broker, insurance, and contractor pre-license, post-license, continuing education, career enhancement, and professional development and designation courses over the Internet.