Checking or savings account -- Managing an account -- Complaint #17979088
Checking Account Dispute Closed with Explanation
Complaint Overview
Complaint ID: 17979088
Company: Absolute Resolutions CORP.
Product: Checking or savings account
Sub-Product: Checking account
Issue: Managing an account
Sub-Issue: Deposits and withdrawals
State: Michigan
ZIP Code: 49201
Date Received: 2025-10-31T12:00:00-05:00
Date Sent to Company: 2025-11-26T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Postal mail
Risk Assessment
Risk Level: low
The complaint was closed with an explanation, suggesting the issue was addressed or resolved to the company's satisfaction, posing low risk.
Consumer Sentiment: neutral
Topics: Checking account, Deposits and withdrawals, Account management
AI Analysis
CFPB complaint 17979088 was filed against Absolute Resolutions Corp. regarding Checking or savings account (Checking account), specifically about "Managing an account". A consumer filed a complaint regarding their checking account, specifically concerning deposits and withdrawals, which was closed with an explanation. The complaint was received on October 31, 2025 from Michigan. The company responded with "Closed with explanation".
What You Should Do -- Consumer Action Plan
Consumers should carefully review the explanation provided by Absolute Resolutions Corp. to understand the resolution and ensure it aligns with their expectations.
Legal Context & Consumer Protection Laws
This complaint relates to the management of a checking account, falling under general consumer banking regulations.
Regulatory Insight
The closure with explanation indicates the company provided a reason for its action, which is a standard practice in customer service and dispute resolution.
Resolution Likelihood
unlikely
State-Specific Consumer Protections
The complaint originated in Michigan (MI).
Industry Comparison
Disputes over account management and deposits/withdrawals are common across the banking industry.
Related Issues
Frequently Asked Questions
What is CFPB complaint 17979088 about?
CFPB complaint 17979088 involves Checking or savings account (Checking account). The consumer reported an issue with "Managing an account", specifically "Deposits and withdrawals". This complaint was filed against Absolute Resolutions Corp. on October 31, 2025.
Which company is complaint 17979088 filed against?
Complaint 17979088 was filed against Absolute Resolutions Corp.. You can view all complaints against this company on their profile page at /company/absolute-resolutions-corp.
What was the company's response to complaint 17979088?
Absolute Resolutions Corp. responded with "Closed with explanation". The response was marked as timely by the CFPB.
When was complaint 17979088 filed?
Complaint 17979088 was received by the CFPB on October 31, 2025. It was sent to Absolute Resolutions Corp. on November 26, 2025.
What state was complaint 17979088 filed from?
Complaint 17979088 was filed from Michigan. You can view all complaints from this state at /state/MI.
Was the consumer satisfied with the resolution of complaint 17979088?
Dispute information is not available for complaint 17979088.
What product category is complaint 17979088 about?
Complaint 17979088 is categorized under "Checking or savings account", specifically "Checking account". This is one of the product categories tracked by the CFPB.
How was complaint 17979088 submitted?
Complaint 17979088 was submitted via Postal mail. The CFPB accepts complaints through web, phone, mail, email, fax, and referral channels.
What are the consumer's legal options for complaint 17979088?
This complaint relates to the management of a checking account, falling under general consumer banking regulations. This relates to a Checking or savings account complaint against Absolute Resolutions Corp. involving "Managing an account".
How likely is complaint 17979088 to be resolved?
Resolution likelihood: unlikely. The company's current response is "Closed with explanation". The company did respond in a timely manner, which is a positive indicator.
What does the risk level mean for complaint 17979088?
This complaint is rated as low risk. The complaint was closed with an explanation, suggesting the issue was addressed or resolved to the company's satisfaction, posing low risk.
What regulatory actions apply to complaint 17979088?
The closure with explanation indicates the company provided a reason for its action, which is a standard practice in customer service and dispute resolution. The CFPB tracks complaints like this one to identify patterns of misconduct across the Checking or savings account industry.
What should the consumer do about complaint 17979088?
Consumers should carefully review the explanation provided by Absolute Resolutions Corp. to understand the resolution and ensure it aligns with their expectations.
Are there state-specific protections for complaint 17979088?
The complaint originated in Michigan (MI). This complaint was filed from Michigan.
How does complaint 17979088 compare to industry norms?
Disputes over account management and deposits/withdrawals are common across the banking industry.
What specific reason was provided by Absolute Resolutions Corp. for closing the account?
The provided data indicates the complaint was 'Closed with explanation,' but the specific reason is not detailed here. Further inquiry would be needed to ascertain the exact explanation.
Were there any specific regulations regarding deposits and withdrawals that were allegedly violated?
The complaint summary does not specify any alleged violations of deposit and withdrawal regulations. The focus appears to be on the account management and its subsequent closure.
Disclaimer
This analysis is AI-generated and does not constitute legal advice.