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Consumer Finance Protection Board Expands Database

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Consumer Finance Protection Board Expands Database In the first week of April, 2013, the Consumer Finance Protection Board expanded the Consumer Complaint Database to include money transfer complaints. The public records database, set up in 2011, had previously only accepted complaints related to credit cards, mortgages, student loans and bank accounts. Now people can submit complaints about money transfer issues; when funds are not available as promised, when the wrong amount was charged or received, and when money transfer companies use incorrect or missing information or improper disclosures are all examples of complaints—frauds, scams and other transaction and service issues […]

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