Consumer agency logs 5,000 credit card complaints in first months

December 1, 2011

Reporting from Washington —— In its first three months of operation, the Consumer Financial Protection Bureau got more than 5,000 complaints about credit cards, the federal agency said in a report.

"When consumers contact us, we get a snapshot of how the consumer finance markets are working," said Raj Date, the special Treasury Department advisor who is running the bureau until the Senate confirms a director.

The agency, which launched on July 21, has made handling complaints a priority. The report covered complaints received through Oct. 21. Read Full Story

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About the Author:

Samantha Wilson is a consultant for student bad credit cards. For years she has written student credit card reviews that would help build student credits