CFPB
Reddit take
Not enough linked mention summaries yet; the source excerpts below are the evidence.
Pros
- Congrats! CFPB is good for consumers.
- I just had a very positive experience with the CFPB. After getting the runaround from Incomm on leftover balances on some gift cards that had been locked or something, I filed a complaint online, which was quick and easy.
- The CFPB is one of the only federal offices that directly, tangiblely benefit the American people. Its staffed by some of the brightest, most passionate people I’ve ever worked with.
- the CFPB personally saved me (a person with a good Engineering Job) thousands of dollars over the year by forcing banks to pay out the bank account bonuses I was legally owed.
- The CFPB is nothing but a positive for us. We are now at a banks mercy when some fraudster uses our cards.
Cons
- Parent context: CFPB is on life support, and the machine is plugged out of the wall. Literally worthless now. Reply: I literally used it and they resolved my issue. It’s alive and kicking.
- CFPB is being neutered so the common man will suffer.
- Last I heard CFPB was completely stood down. Like being paid but staying at home. We are going through an exam with the CFPB and they completely ghosted us for about a week before we got an email saying that our ongoing meetings were goi...
- I work for a bank and my department directly works with the CFPB (along with other regulators, BBB, etc.) and we aren’t getting any complaints coming in from the CFPB portal. Last week we were, but I just want it to be known because you...
- Honestly the CFPB seems like it’s a threat to the generous rewards ecosystem we enjoy.
Sentiment
13 positive (65%) · 0 mixed (0%) · 7 negative (35%)
Trust + time weighted score: +28% · raw score 30%
What redditors said (10 of 20)
Congrats! CFPB is good for consumers.
I just had a very positive experience with the CFPB. After getting the runaround from Incomm on leftover balances on some gift cards that had been locked or something, I filed a complaint online, which was quick and easy.
Parent context: CFPB is on life support, and the machine is plugged out of the wall. Literally worthless now. Reply: I literally used it and they resolved my issue. It’s alive and kicking.
CFPB is being neutered so the common man will suffer.
Last I heard CFPB was completely stood down. Like being paid but staying at home. We are going through an exam with the CFPB and they completely ghosted us for about a week before we got an email saying that our ongoing meetings were going to be on hold for the moment.
I work for a bank and my department directly works with the CFPB (along with other regulators, BBB, etc.) and we aren’t getting any complaints coming in from the CFPB portal. Last week we were, but I just want it to be known because you can still submit complaints online, but the banks aren’t getting them as of right now.
The CFPB is one of the only federal offices that directly, tangiblely benefit the American people. Its staffed by some of the brightest, most passionate people I’ve ever worked with.
Honestly the CFPB seems like it’s a threat to the generous rewards ecosystem we enjoy.
Parent context: No. I used to "believe" in the CFPB. I have since learned about how their funding is outside the normal congressional appropriations. I have also learned how they "debank" their customers that are not the correct political party. I have also learned how they "debank" their customers that are not the correct political party. I have lost so much respect for Elizabeth Warren. Reply: I used to "believe" in the CFPB. I have since learned about how their funding is outside the normal congressional appropriations. I have also learned how they "debank" their customers that are not the correct political party. I have lost so much respect for Elizabeth Warren.
the CFPB personally saved me (a person with a good Engineering Job) thousands of dollars over the year by forcing banks to pay out the bank account bonuses I was legally owed.
Compare
CFPB vs Roth IRACFPB vs Maharaja ClubCFPB vs Carnival Cruise Line
Related
- American Express · related · 140 mentions
- Chase · related · 107 mentions
- Marriott · related · 86 mentions
- Best Buy · related · 76 mentions
- Capital One · related · 70 mentions
- Fidelity Investments · related · 58 mentions