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Financial services complaints jump 44% amid pandemic

from Financial Advisor IQ

Financial services complaints jump 44% amid pandemic Financial Advisor IQ The Consumer Financial Protection Bureau saw a big spike in complaints about financial services almost across the board during the coronavirus pandemic, according to a recent report. “Financial institutions have shown a willingness to be flexible with customers, but it appears this unprecedented situation has made a mess of the relationship between consumers, financial institutions, and credit bureaus... and consumers are suffering the most as a result,” says LendEDU, an online marketplace for a variety of financial products. READ MORE

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