Checking or savings account -- Managing an account -- Complaint #13170700

Complaint Overview

Complaint ID: 13170700

Company: Novo Platform INC.

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Texas

ZIP Code: 76063

Date Received: 2025-04-22T12:00:00-05:00

Date Sent to Company: 2025-05-30T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: No

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I Bank with Novo for my business. They froze my account without any explanation. I have tried to call them, message, and email and no one will help. I really need my money to pay my rent for my office and to pay my staff. The bank is known for stealing money and i do not want this to happen to me. I tried to close my account and they refuse to give me my money and close the account

Frequently Asked Questions

What is Complaint #13170700 about?

Complaint #13170700 was filed against Novo Platform INC. regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2025-04-22T12:00:00-05:00.

How did Novo Platform INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was not 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 (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Novo Platform INC.?

Yes, visit the Novo Platform INC. company profile at readthecomplaint.com/company/novo-platform-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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