Benchmark · monthly · %

Closed-with-explanation share (eligible published CFPB complaints nationwide)

What does Closed-with-explanation share (eligible published CFPB complaints nationwide) show?

Closed-with-explanation share (eligible published CFPB complaints nationwide) is a source-faithful PIER20 calculation from CFPB data. Scope: Published nationwide CFPB complaints with an eligible final company response; In progress and null responses are excluded. It follows the published eligibility, denominator, missing-value, revision and coverage rules in the Phase 1 computation contract.
Closed-with-explanation share (eligible published CFPB complaints nationwide)monthly
%43.655.367.078.890.5Percentile025507510078.793th
Latest
78.69
1Y change
+47.3%
vs median
+24.7%
Percentile
93rd
High in available history
90.49
Closed-with-explanation share (eligible published CFPB complaints nationwide)
Data through July 2026
30.040.050.060.070.080.090.0100.0Aug 2021Aug 2022Aug 2023Jul 2024Jul 2025Jul 2026
PIER20 calculation: Closed-with-explanation share (eligible published CFPB complaints nationwide)
Closed-with-explanation share (eligible published CFPB complaints nationwide): summary statistics (Max range)
SeriesFirstLatestMinMax
PIER20 calculation: Closed-with-explanation share (eligible published CFPB complaints nationwide)90.4978.6943.6090.49
Source
CFPB
Series id
CFPB-09
Frequency
monthly
Data through
July 2026
Refreshed
12 Aug 2026
Copy as markdown

Published complaints are not verified findings or a representative statistical sample; interpret volume with exposure or market-share context; recent periods omit complaints still awaiting publication.

How this is calculated

Formula
100 × Closed-with-explanation count / eligible final-response count

100 × Closed-with-explanation count / eligible final-response count. Scope: Published nationwide CFPB complaints with an eligible final company response; In progress and null responses are excluded. Source: CFPB. Complaints are consumer-submitted reports, not verified findings or a representative sample; compare volume with market exposure. Source period, last checked, dataset vintage, units, revision status, coverage and formula version are recorded in the derived artifact.

As of July 2026, the latest reading is 78.69%. That is up 25.3 pp over the past year and above its long-run median of 63.12%.

Frequently asked questions

3 answers
What is the current closed-with-explanation share (eligible published CFPB complaints nationwide)?

As of July 2026, the latest reading is 78.69%. That is up 25.3 pp over the past year and above its long-run median of 63.12%.

How often is this benchmark updated?

This benchmark is built on monthly data. The page is refreshed when the source publishes new observations; the freshness block below the chart shows the exact data-through date and when PIER20 last fetched the file.

What data sources does this chart use?

The chart is built from PIER20 calculation: Closed-with-explanation share (eligible published CFPB complaints nationwide), sourced from the Consumer Financial Protection Bureau (CFPB).

MarkdownMachine-readable version of this benchmark

Run one idea in minutes.

One tested idea, through the evidence stack. No migration of any kind.

Run one idea
Film: return to water