CFPB Consumer Complaint Profile
Approve Holdings, Inc
What 30 consumer complaints filed with the Consumer Financial Protection Bureau reveal about how this company handles credit, billing and collection disputes.
Data updated 2026-05-15
- 30
- Total complaints
- 19
- Last 12 months
- 96.7%
- Timely response
- 14
- States affected
The verdict
Among 3,848 financial companies tracked by CFPB complaint volume, Approve Holdings, Inc sits at #2336, with 30 complaints logged. It answers 96.7% of complaints on time - above the 93% median for companies with 100+ complaints.
- #2336
- of 3,848 companies by volume
- 96.7%
- answered on time
- Vehicle loan or lease
- most-complained product
- 14
- states with complaints
Percent of CFPB complaints answered within the regulator's expected window. Industry benchmark sits at 95%.
Reading this profile
Complaints by Product
Top Issues
Complaints by Year
| Year | Complaints |
|---|---|
| 2023 | 3 |
| 2024 | 5 |
| 2025 | 19 |
| 2026 | 3 |
Complaints by State (Top 15)
Company Responses
What the CFPB Complaint Record Shows for Approve Holdings, Inc
30 complaints against Approve Holdings, Inc appear in the CFPB record, including 19 from the trailing year. The 14 states and territories represented put this footprint in geographically concentrated territory. The single largest complaint category is "Vehicle loan or lease," which consistently leads the product-level breakdown and signals where consumer friction is most acute. The specific issue named most within that category is "Problems at the end of the loan or lease," a reasonable starting point for understanding recurring friction.
Approve Holdings, Inc's timely response rate stands at 96.7%, meaning that share of CFPB-forwarded complaints received a company reply within the 15-day window the Bureau expects. That is at or above benchmark levels, a sign the company handles intake and escalation well. Of complaints that were resolved, 6.7% closed with some form of monetary or non-monetary relief to the consumer.
How to read complaint counts
Complaint counts alone do not tell the full story, larger institutions with more customers will naturally generate more complaints in absolute terms. The more informative signals are the direction of the yearly trend shown above, the state-level concentration (which hints at regional servicing issues or regulatory exposure), and the ratio of monetary-relief closures to closed-without-relief outcomes. Taken together, these fields give consumers a reasonable empirical basis for deciding whether to escalate a dispute, and give researchers a starting point for investigating institutional patterns.
Educational data summary, not financial or legal advice. Individual complaint outcomes vary. Consumers should consult a qualified attorney or financial advisor for guidance on a specific dispute.
Frequently Asked Questions
How many CFPB complaints does Approve Holdings, Inc have?
Approve Holdings, Inc has 30 total consumer complaints filed with the CFPB, with 19 filed in the last 12 months.
Does Approve Holdings, Inc respond to complaints on time?
Approve Holdings, Inc's CFPB timely-response rate is 96.7%. This is considered excellent.
What product generates the most complaints for Approve Holdings, Inc?
Among all products tied to Approve Holdings, Inc, "Vehicle loan or lease" accounts for the largest share of complaints (full breakdown above).
What is the most common complaint issue with Approve Holdings, Inc?
Consumers most often cite "Problems at the end of the loan or lease" when complaining about Approve Holdings, Inc; the full issue list with counts is above.
How do I file a complaint against Approve Holdings, Inc?
You can file a complaint against Approve Holdings, Inc directly with the CFPB at consumerfinance.gov/complaint. The CFPB will forward your complaint to the company and work to get you a response, typically within 15 days.
In how many states have consumers complained about Approve Holdings, Inc?
Approve Holdings, Inc has drawn CFPB complaints from 14 states and territories. That figure covers the 50 states, DC, Puerto Rico, and smaller CFPB-tracked jurisdictions (Guam, the U.S. Virgin Islands, military postal codes), so it can run higher than the 52 states/territories with a dedicated page on this site.
Similar Companies
Matched by complaint volume nationwide and by product category - a different peer set than the sibling-portal links below.
Similar complaint volume (~30)
Also handles Vehicle loan or lease
Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database Data through March 2026
Read our methodology - how this data is sourced, computed, and verified.