CFPB consumer complaint database about to hit 1 million complaints

Cordray discusses milestone during Wells Fargo hearing

The Consumer Financial Protection Bureau’s much-maligned consumer complaint database is about to reach 1 million total complaints, CFPB Director Richard Cordray said Tuesday.

Cordray revealed the approaching milestone during his testimony before the Senate Banking Committee over the CFPB’s role in the $185 million fine levied against Wells Fargo for opening up 2 million fake accounts.

Read on.

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