Under some circumstances, you can sue a bank for its refusal to provide a loan. For example, if a bank has denied you a loan for a discriminatory reason (because of your color, gender, race, religion, or national origin), you may be able to file a lawsuit in federal court.2020-05-12
Can you sue a bank for emotional distress?
Usually you can sue only for monetary damages, but in some cases you can be awarded damages for emotional distress and inconvenience as well. The cost to file a suit varies by jurisdiction.2017-10-25
How do I take legal action against a bank?
The CFPB is a government agency in the United States that makes sure banks, lenders, and other financial companies treat consumers fairly by offering consumer protection tools and resources. Complaints can be filed online with the CFPB's free Consumer Complaint Database or over the phone by calling 855-411-2372.2020-05-08
Can you take your bank to court?
With that said, it may be possible to sue banks in small-claims court or through class-action lawsuits. ... Beyond filing a lawsuit, you have the option of filing a complaint with a government agency about your concern with the bank, which can still result in you getting financial relief.2020-05-08
Where do I file a complaint against a bank?
The Federal Reserve urges you to file a complaint if you think a bank has been unfair or misleading, discriminated against you in lending, or violated a federal consumer protection law or regulation. You can file a complaint online through the Federal Reserve's Consumer Complaint Form.2013-08-02
Can I sue a bank for an error?
If you have a dispute with a bank, you can't file a lawsuit in court in most situations under US law. ... However, for some minor disputes you may be able to sue in small claims court. You can also file a complaint against the bank with state or federal regulatory agencies.2020-02-21