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These financial companies get the most complaints

Consumers have many, many complaints about financial companies, but the ones that really get under their skin are in the credit reporting business.

Equifax topped the list of the 10 companies receiving the most complaints about financial matters from February through April, with a monthly average of nearly 950 complaints, according to newly released data from the Consumer Financial Protection Bureau. (There's a two-month lag on complaint data to reflect the 60 days companies have to respond to them.) Experian took the second spot and TransUnion was fourth. Bank of America ranked third, though its complaints were primarily related to mortgages, credit cards and bank account services.

Equifax also saw the highest rate of increase in complaints of the top 10 companies, with complaints in the three-month period rising by 8 percent over the same time period a year ago. Many other companies on the list had their complaint rate decline.

Credit reports were not the most common complaint topic, however, that dubious distinction went to debt...


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