New York Consumer Law Blog

Friday, June 26, 2020

An alarming number of people are complaining about their Citi credit card accounts

Problems with Citi or Synchrony bank credit cards?  If inaccurate credit reporting is involved, our firm may be able to help.

https://www.cnn.com/2020/06/24/business/citi-credit-card-complaints-cfpb/index.html

An alarming number of credit card borrowers hurt by the coronavirus recession are complaining that Citibank is treating them unfairly.

Citi (C) accounted for nearly 37% of pandemic-related complaints to regulators about credit cards between March 16 and May 20, according to an analysis by Consumer Reports.

That was four times as much as the next-closest bank, the analysis of Consumer Financial Protection Bureau complaints database found.



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