Compsolechia phepsalitis is a moth of the Gelechiidae family. It was described by Meyrick in 1922. It is found in Brazil (Amazonas). The wingspan is about 10 mm. The forewings are dark purplish-grey, suffused chestnut-brown in the disc posteriorly and a dark fuscous median streak from near the base to two-fifths, expanded downwards into a blotch at one-fifth. The stigmata are cloudy and dark fuscous, the plical rather before the first discal, the second discal centred chestnut-brown. There is an oblique white strigula from the costa at four-fifths, and two minute white dots above the tornus, as well as a roundish blackish spot resting on the costa near the apex, adjacent beneath this a moderate white dot and then a minute one. The hindwings are dark fuscous.