Capital One and GE Capital were among a issuers that perceived a many complaints from consumers.
Thousands of Americans are camp complaints with a government’s financial watchdog about their credit cards, and some issuers are being griped about a lot some-more than others.
Of a some-more than 25,000 credit label complaints a Consumer Financial Protection Bureau has processed between a Nov 2011 launch of a censure database and final September, Capital One perceived a biggest share, according to new research from a U.S. Public Interest Research Group.
Roughly 21% of all complaints were done about Capital One (Fortune 500), followed by 18% about , Citibank (Fortune 500), 13% for , Bank of America (Fortune 500) and 13% about , Chase (Fortune 500). Capital One pronounced that it no longer has a top series of complaints, formed on some-more new information from a CFPB’s censure database, and that it stays “committed to operative with a business to solve any issues they might have.” ,
Based on a ratio of complaints to label squeeze volume, however, GE Capital Retail garnered a top series of grievances by Sep — with 88 complaints for each $1 billion in squeeze volume. Some of these complaints sparked a Article source: http://rss.cnn.com/~r/rss/money_latest/~3/wOQQyZYwofM/index.html