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Is it worth complaining to the ombudsman?

If the ombudsman decides your complaint is justified, theyll recommend what the organisation should do to put things right. A public sector ombudsman cant force an organisation to go along with their recommendations, but organisations almost always do. A private sector ombudsmans decision could be legally binding.

What is the US equivalent of the financial ombudsman?

CFPB Ombudsman | Consumer Financial Protection Bureau.

Is there a financial ombudsman in the USA?

The FDIC Office of the Ombudsman serves as an independent, neutral, and confidential liaison for the banking industry and general public. As a liaison, we facilitate problem and complaint resolution concerning FDIC regulatory activities. The OO strives to influence positive change.

Does filing a complaint with the CFPB do anything?

State-level ombudsmen. Since 1967 at least five state legislatures and one territorial legislature have established and continued to employ a full-time ombudsman. These states are Hawaii, Nebraska, Alaska, Iowa and Arizona, and the U.S. territory is Puerto Rico.

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