189,618 real consumer complaints filed against Bank of America at the Consumer Financial Protection Bureau. 53,841 received relief from the company. 98% of responses were timely.
189,618
Complaints
36,179
Won monetary relief
28%
Relief rate
98%
Timely response
Most common issues
01Managing an account28,324
02Loan modification,collection,foreclosure25,056
03Incorrect information on your report11,619
04Problem with a purchase shown on your statement10,044
05Loan servicing, payments, escrow account9,298
06Closing an account6,118
07Account opening, closing, or management5,855
08Improper use of your report5,542
09Problem with a lender or other company charging your account5,274
These complainants filed at the CFPB and the company refunded or credited money in response. The CFPB doesn't force outcomes, but it does force a response in 15 days.
Checking or savings account· Managing an accountFL