Spring Oaks Capital, LLC

What the CFPB Record Shows for Spring Oaks Capital, LLC

Spring Oaks Capital, LLC has 5,842 debt-collection complaints on file with the CFPB, which represents 73.2% of the 7,976 total complaints the Bureau has received about this entity. Reports have originated from consumers in 52 states and territories, making this a nationwide collection operation as measured by complaint volume. The most common debt type behind these complaints is "Credit card debt," which is the category consumers most often describe when they file a CFPB report about this collector. The single most-cited specific issue is "Attempts to collect debt not owed" — a useful starting point for understanding where the friction between this collector and consumers most frequently occurs.

The company's timely response rate is 99.8%, meaning that share of CFPB-forwarded complaints received a reply within the 15-day window the Bureau expects. That figure meets the industry benchmark and indicates an intake process that is functioning on schedule. Of resolved cases, 43.2% closed with monetary or non-monetary relief to the consumer, which is a relatively high relief ratio for the debt-collection segment.

Under the Fair Debt Collection Practices Act (FDCPA), consumers have the right to request written verification of a debt within 30 days of first contact, to dispute debts they believe are incorrect or not theirs, and to demand in writing that a collector cease contact. Complaint volume alone does not prove wrongdoing — larger collection portfolios naturally produce more complaints — but the combination of timely-response rate, relief ratio, and dispute rate above gives a reasonable empirical picture of how this collector handles consumer interactions. Anyone in active dispute with this company should keep written records, use certified mail for verification requests, and consider filing a CFPB complaint if standard resolution channels stall.

Educational data summary, not financial or legal advice. Individual complaint outcomes vary. Consumers with an active dispute should consult a qualified consumer-protection attorney.