Money transfer, virtual currency, or money service -- Confusing or missing disclosures -- Complaint #11376697

Complaint Overview

Complaint ID: 11376697

Company: Block, INC.

Product: Money transfer, virtual currency, or money service

Sub-Product: Domestic (US) money transfer

Issue: Confusing or missing disclosures

State: Colorado

ZIP Code: 80921

Date Received: 2025-01-03T12:00:00-05:00

Date Sent to Company: 2025-01-07T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

CashApp suspended my account due an {$8.00} charge they thought was suspicious. They sent me an email about it and I responded right away. They assured me the issue would be resolved in XXXX business days. I have {$2900.00} in my account that is not disputable and there should be no reason why they withhold my money from me. I now do not have access to these funds and I need that money for bills that are now past due and I have contacted support every day only to be given the run around. If only {$8.00} is in dispute, and it hasent even been released, they should release my remaining money and not hold it from me, not suspend my whole account.

Frequently Asked Questions

What is Complaint #11376697 about?

Complaint #11376697 was filed against Block, INC. regarding Money transfer, virtual currency, or money service specifically about Confusing or missing disclosures. It was received by the CFPB on 2025-01-03T12:00:00-05:00.

How did Block, INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Money transfer, virtual currency, or money service) and describe your issue in detail.

Can I see other complaints against Block, INC.?

Yes, visit the Block, INC. company profile at readthecomplaint.com/company/block-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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