CFPB Consumer Complaint Profile

BAM Financial, LLC

Consumers have filed 54 complaints with the CFPB against this company, a record that maps out how disputes over credit, billing and collections tend to unfold.

Data updated 2026-08-14

54
Total complaints
Mid-range
0
Last 12 months
50%
Timely response
Bottom decile
22
States affected

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The verdict

Out of 3,843 financial companies in the CFPB database, BAM Financial, LLC has accumulated 54 complaints, placing it #1757 by volume. On-time replies land at 50%, the 3rd percentile for the 100+ complaint peer group.

#1757
of 3,843 companies by volume
50%
on time (3rd pctile)
Debt collection
most-complained product
22
states with complaints
F
PlainCredit Trust Score
28/100
BAM Financial, LLC · 3 of 3 dimensions reported

Based on this company's own CFPB response record -- timely response, dispute rate, and relief rate, each benchmarked against every tracked company with 10+ complaints. Not a measure of product quality, pricing, or company size.

Timely Response F 50.0%
Share of complaints answered within the CFPB response window
Dispute Rate F 33.3%
Share of responses the consumer disputed (lower is better)
Relief Rate C+ 5.6%
Share of complaints closed with monetary or non-monetary relief

BAM Financial, LLC vs. all companies by on-time response rate

Every company with 100+ CFPB complaints on file (1,335 total)

50% Among the lowest higher than 3% of 1,335 companies

companies with 100+ CFPB complaints, bucketed by value

Each bar is a band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source Consumer Financial Protection Bureau, Consumer Complaint Database · 2026-08-14

BAM Financial, LLC timely response rate 50.0%
Industry benchmark

Percent of CFPB complaints answered within the regulator's expected window. Industry benchmark sits at 95%.

Reading this profile

Complaints by Product

Debt collection - I do not know 20
Debt collection - Credit card 20
Money transfer, virtual currency, or money service - Virtual currency 4
Debt collection - Other (i.e. phone, health club, etc.) 3
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 2
Consumer Loan - Vehicle loan 1
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services 1
Debt collection - Payday loan 1
Vehicle loan or lease - Loan 1
Money transfer, virtual currency, or money service - Domestic (US) money transfer 1

Top Issues

1.Taking/threatening an illegal action 11
2.Communication tactics 10
3.Cont'd attempts collect debt not owed 9
4.Improper contact or sharing of info 6
5.False statements or representation 5
6.Fraud or scam 3
7.Incorrect information on your report 3
8.Disclosure verification of debt 3
9.Other transaction problem 2
10.Money was not available when promised 1

Complaints by Year

Year Complaints
2013 7
2014 21
2015 13
2016 3
2017 1
2020 2
2021 7

Complaints by State (Top 15)

California 12
Texas 6
Florida 5
Pennsylvania 4
New Jersey 4
Indiana 4
North Carolina 2
Georgia 2
Arizona 2
Maine 1
Missouri 1
Colorado 1
Arkansas 1
Rhode Island 1
Oklahoma 1

Company Responses

Closed with explanation 37
Untimely response 14
Closed with non-monetary relief 3

What the CFPB Complaint Record Shows for BAM Financial, LLC

The CFPB Consumer Complaint Database has logged 54 complaints against BAM Financial, LLC overall, with 0 of those filed in the trailing 12 months. Reports have come from consumers in 22 states and territories, making this a multi-regional complaint footprint. "Debt collection" tops the product-level breakdown by a clear margin, marking it as the area of greatest consumer friction. Inside that category, "Taking/threatening an illegal action" comes up most often - worth a look for anyone trying to spot the company's recurring pain point.

Within the Bureau's 15-day response window, BAM Financial, LLC posts a 50% reply rate on forwarded complaints. That is well below the 95% industry benchmark and is a material red flag, late or missing responses are one of the strongest predictors of CFPB supervisory interest. Resolved cases drew a formal consumer-dispute rate of 33.3% - a rough measure of how often the first resolution missed the mark. Among resolved complaints, the consumer-relief closure rate is 5.6%.

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, and the ratio of monetary-relief closures to closed-without-relief outcomes. Together, these fields provide context for reading the published CFPB record; they do not establish wrongdoing or resolve an individual dispute.

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 BAM Financial, LLC have?

The CFPB has logged 54 complaints against BAM Financial, LLC to date, of which 0 came in over the last 12 months.

Does BAM Financial, LLC respond to complaints on time?

BAM Financial, LLC has a 50% timely response rate to CFPB complaints. This is below the typical industry benchmark of 95%.

What product generates the most complaints for BAM Financial, LLC?

The most complained-about product for BAM Financial, LLC is "Debt collection." You can view the full product breakdown on this page.

What is the most common complaint issue with BAM Financial, LLC?

"Taking/threatening an illegal action" is the single most frequently cited issue in complaints against BAM Financial, LLC - see all issues and counts above.

How do I file a complaint against BAM Financial, LLC?

You can file a complaint against BAM Financial, LLC 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 BAM Financial, LLC?

Consumers in 22 states and territories have filed complaints about BAM Financial, LLC with the CFPB. This count includes the 50 states, DC, Puerto Rico, and smaller CFPB-tracked jurisdictions such as Guam, the U.S. Virgin Islands, and military postal codes (APO/FPO), which is why it can exceed the 52 states and territories that have a dedicated state page on this site.

Nationwide companies with similar complaint volume or dispute rates

Two CFPB peer sets for BAM Financial, LLC: nearest financial companies by total complaint volume and by the share of complaints consumers mark as disputed. These are cross-firm neighborhoods, not the product-category list below.

Similar dispute rates

Nearest companies by share of complaints marked disputed (33.3% here).

Also handles Debt collection

Other companies with the same primary CFPB product category on file.

Source: CFPB Consumer Complaint Database Data through March 2026