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Credit card complaints in US on the rise – CFPB’s latest report

April 6, 2017

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The federal agency’s latest month snapshot report highlight credit card complaints, of which 116,000 have reached the CFPB since July 2011.

Credit card complaints account for 10% of all complaints received by the CFPB. Credit cards stand as the fourth-most-complained-about product.

The average monthly number of credit card complaints increased 17% between December 2016 and February 2017 compared with the same three-month period a year ago.

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