The OSBC will review completed consumer assistance requests and supporting documentation in order to open a case. If the company is within our regulatory authority, you will receive a letter informing you of the case number, and we will begin our investigation. The consumer assistance form and documentation you submit may be provided to the company for review. We are unable to determine upfront how long it will take to investigate, but when our review is complete, we will advise you of the findings.
The OSBC cannot act as your attorney or provide you with any legal advice. Our regulation is limited to the statutes within our jurisdiction. We do not have the authority to enforce, rescind, or adjudicate contractual agreements, nor will we impede a court decision or determine culpability regarding verbal disputes. If you choose to pursue a lawsuit against a company, you will need to hire your own attorney. Your own attorney can investigate and may be able to take action on your behalf even if we determine this office is unable to assist you. Please remember the law may limit the time for legal action, and the cost of any private attorney would be your responsibility.
Contact someone with authority at the company. Try speaking with the owner, president, or consumer complaint specialist to resolve the problem.
When talking to the person, you should:
The list below are common types of financial companies that are outside of the OSBC’s regulatory authority. If your company you seek assistance with is categorized below, use the links to file a complaint with their regulator.
*If consumer debt is purchased by a collection agency, then it would qualify as a ‘Debt Buyer’ and licensure may be required as a supervised lender as indicated above in the “Who We Regulate” section.