As of 2022, fraud was the most common reason why money service complaints were reported to the Consumer Financial Protection Bureau (CFPB) in the United States, along with managing, opening or closing a mobile money account. These types of issues amounted to 44 percent of all complaints, each. Other transaction problem followed, accounting for 14 percent of the money service complaints received by the CFPB in 2022.
Distribution of money services complaints reported to Consumer Financial Protection Bureau in the United States in 2022
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Consumer Financial Protection Bureau. (March 29, 2023). Distribution of money services complaints reported to Consumer Financial Protection Bureau in the United States in 2022 [Graph]. In Statista. Retrieved March 28, 2024, from https://www.statista.com/statistics/287295/cfpb-money-transfer-complaints-by-type/
Consumer Financial Protection Bureau. "Distribution of money services complaints reported to Consumer Financial Protection Bureau in the United States in 2022." Chart. March 29, 2023. Statista. Accessed March 28, 2024. https://www.statista.com/statistics/287295/cfpb-money-transfer-complaints-by-type/
Consumer Financial Protection Bureau. (2023). Distribution of money services complaints reported to Consumer Financial Protection Bureau in the United States in 2022. Statista. Statista Inc.. Accessed: March 28, 2024. https://www.statista.com/statistics/287295/cfpb-money-transfer-complaints-by-type/
Consumer Financial Protection Bureau. "Distribution of Money Services Complaints Reported to Consumer Financial Protection Bureau in The United States in 2022." Statista, Statista Inc., 29 Mar 2023, https://www.statista.com/statistics/287295/cfpb-money-transfer-complaints-by-type/
Consumer Financial Protection Bureau, Distribution of money services complaints reported to Consumer Financial Protection Bureau in the United States in 2022 Statista, https://www.statista.com/statistics/287295/cfpb-money-transfer-complaints-by-type/ (last visited March 28, 2024)
Distribution of money services complaints reported to Consumer Financial Protection Bureau in the United States in 2022 [Graph], Consumer Financial Protection Bureau, March 29, 2023. [Online]. Available: https://www.statista.com/statistics/287295/cfpb-money-transfer-complaints-by-type/