Checking or savings account -- Closing an account -- Complaint #6749687

Complaint Overview

Complaint ID: 6749687

Company: Majority USA, LLC

Product: Checking or savings account

Sub-Product: Checking account

Issue: Closing an account

Sub-Issue: Funds not received from closed account

State: New York

ZIP Code: 10040

Date Received: 2023-03-25T12:00:00-05:00

Date Sent to Company: 2023-03-25T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I had an account open with Majority, a XXXX XXXX operated by Majority USA , LLC and backed by XXXX XXXX. On XX/XX/XXXX, they sent me a message stating " After a review of your account, we have made a final determination that we are unable to continue servicing your account. As a result, your account will be closed as of XX/XX/XXXX. Please ensure that you bring your balance to {$0.00} prior to the above date, or complete the attached balance transfer form and we can transfer your remaining balance to another account. I sent them the balance transfer form via email to XXXX on XX/XX/XXXX, XX/XX/XXXX, and XX/XX/XXXX. Each time I had no response. This is now my final effort to collect the remainder of my balance in the account. I do not know the exact amount that was left, but I think it was around $ XXXX.

Frequently Asked Questions

What is Complaint #6749687 about?

Complaint #6749687 was filed against Majority USA, LLC regarding Checking or savings account specifically about Closing an account. It was received by the CFPB on 2023-03-25T12:00:00-05:00.

How did Majority USA, LLC 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 (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Majority USA, LLC?

Yes, visit the Majority USA, LLC company profile at readthecomplaint.com/company/majority-usa-llc 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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