CFPB Consumer Complaint Profile

College Loan Corporation

What 30 consumer complaints filed with the Consumer Financial Protection Bureau reveal about how this company handles credit, billing and collection disputes.

30
Total complaints
0
Last 12 months
86.7%
Timely response
15
States affected

The verdict

College Loan Corporation ranks #2336 of 3,848 financial companies by CFPB complaint volume, with 30 complaints on record. It answers 86.7% of complaints on time — below the 93% median for companies with 100+ complaints.

#2336
of 3,848 companies by volume
86.7%
answered on time
Student loan
most-complained product
15
states with complaints
College Loan Corporation timely response rate 86.7%
Industry benchmark

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

Complaints by Product

Student loan — Federal student loan servicing 7
Student loan — Non-federal student loan 6
Credit reporting, credit repair services, or other personal consumer reports — Credit reporting 5
Debt collection — Private student loan debt 5
Debt collection — Non-federal student loan 1
Debt collection — Federal student loan 1
Student loan — Private student loan 1
Consumer Loan — Installment loan 1
Credit reporting or other personal consumer reports — Credit reporting 1
Debt collection — Federal student loan debt 1

Top Issues

1.Incorrect information on your report 6
2.Dealing with my lender or servicer 6
3.Dealing with your lender or servicer 3
4.Attempts to collect debt not owed 3
5.False statements or representation 2
6.Written notification about debt 2
7.Cont'd attempts collect debt not owed 1
8.Problem with a credit reporting company's investigation into an existing problem 1
9.Repaying your loan 1
10.Taking out the loan or lease 1

Complaints by Year

Year Complaints
2012 2
2013 1
2014 3
2015 2
2016 1
2017 7
2018 4
2019 3
2020 3
2022 1
2023 2
2024 1

Complaints by State (Top 15)

New York 5
Texas 4
Florida 4
Ohio 3
Georgia 2
Colorado 2
Pennsylvania 2
New Jersey 1
Tennessee 1
California 1
Virginia 1
Washington 1
Massachusetts 1
Arizona 1
Illinois 1

Company Responses

Closed with explanation 25
Closed 2
Closed with non-monetary relief 2
Closed with monetary relief 1

What the CFPB Complaint Record Shows for College Loan Corporation

The CFPB Consumer Complaint Database has logged 30 complaints against College Loan Corporation overall, with 0 of those filed in the trailing 12 months. Reports have come from consumers in 15 states and territories, making this a multi-regional complaint footprint. The single largest complaint category is "Student loan," which consistently leads the product-level breakdown and signals where consumer friction is most acute. Within that category, the most frequently cited specific issue is "Incorrect information on your report" — a useful starting point for anyone trying to understand what goes wrong most often in the company's consumer interactions.

College Loan Corporation's timely response rate stands at 86.7%, meaning that share of CFPB-forwarded complaints received a company reply within the 15-day window the Bureau expects. That sits below the 95% industry benchmark and tends to correlate with higher consumer dispute rates downstream. Consumers formally disputed the company's response in 28.6% of resolved cases, a signal of how often the initial resolution failed to satisfy the complainant. Of complaints that were resolved, 10% closed with some form of monetary or non-monetary relief to the consumer.

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 College Loan Corporation have?

College Loan Corporation has 30 total consumer complaints filed with the CFPB, with 0 filed in the last 12 months.

Does College Loan Corporation respond to complaints on time?

College Loan Corporation has a 86.7% timely response rate to CFPB complaints.

What product generates the most complaints for College Loan Corporation?

The most complained-about product for College Loan Corporation is "Student loan." You can view the full product breakdown on this page.

What is the most common complaint issue with College Loan Corporation?

The most common issue reported by consumers about College Loan Corporation is "Incorrect information on your report." All complaint issues are listed above with their counts.

How do I file a complaint against College Loan Corporation?

You can file a complaint against College Loan Corporation 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 College Loan Corporation?

Consumers in 15 states and territories have filed complaints about College Loan Corporation with the CFPB.

Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database Data through March 2026

Related