Top 10 financial products that drive members crazy

first_imgThe Consumer Financial Protection Bureau, CFPB, receives over 25,000 complaints a month regarding problems with financial products or services. As of mid-2017, the bureau has received 1,242,800 complaints. So which products and services create the most frustration for consumers? Without further ado, here are the top 10 financial products and services that drive consumer crazy on a daily basis, as compiled by the CFPB:Debt CollectionCredit ReportingMortgagesBank Accounts or ServicesCredit CardsConsumer LoansStudent LoansPayday LoansPrepaid CardsMoney TransfersWhile some financial institutions may look at this report and scatter to make sense of their failures, credit unions know they have 10 opportunities to offer these services the right way and surpass the expectations of everyday members. Credit unions are different from banks in many ways, but the biggest difference is the way they approach serving members.  “The Credit Union Difference” was designed by CUNA to highlight the qualities that set credit unions apart from the big banks: continue reading » 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more