CFPB Consumer Complaint Profile

Diverse Funding Associates LLC

What 771 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

771
Total complaints
248
Last 12 months
99.5%
Timely response
45
States affected

The verdict

Out of 3,848 financial companies in the CFPB database, Diverse Funding Associates LLC has accumulated 771 complaints, placing it #391 by volume. It answers 99.5% of complaints on time - above the 93% median for companies with 100+ complaints.

#391
of 3,848 companies by volume
99.5%
answered on time
Debt collection
most-complained product
45
states with complaints
Diverse Funding Associates LLC timely response rate 99.5%
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 286
Debt collection - Credit card debt 197
Credit reporting or other personal consumer reports - Credit reporting 130
Debt collection - Other debt 69
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 33
Debt collection - Medical debt 10
Debt collection - Telecommunications debt 9
Debt collection - Other (i.e. phone, health club, etc.) 8
Debt collection - Credit card 7
Debt collection - Auto debt 6

Top Issues

1.Attempts to collect debt not owed 229
2.Written notification about debt 116
3.Took or threatened to take negative or legal action 111
4.Incorrect information on your report 85
5.False statements or representation 78
6.Improper use of your report 46
7.Communication tactics 30
8.Problem with a company's investigation into an existing problem 26
9.Threatened to contact someone or share information improperly 13
10.Cont'd attempts collect debt not owed 13

Complaints by Year

Year Complaints
2014 6
2015 4
2016 9
2017 9
2018 16
2019 10
2020 25
2021 63
2022 34
2023 111
2024 183
2025 238
2026 63

Complaints by State (Top 15)

Texas 80
Florida 74
Georgia 70
New York 59
California 56
Illinois 41
Pennsylvania 31
Michigan 29
Maryland 28
Ohio 27
Louisiana 23
Alabama 22
Virginia 21
North Carolina 20
Indiana 17

Company Responses

Closed with explanation 766
Closed with monetary relief 5

What the CFPB Complaint Record Shows for Diverse Funding Associates LLC

Diverse Funding Associates LLC carries 771 complaints in the CFPB's database, 248 of them filed within the past 12 months. Consumers spanning 45 states and territories have weighed in, giving this a nationwide footprint. No product draws more complaints than "Debt collection," which sits at the top of the product breakdown. Within that category, the most frequently cited specific issue is "Attempts to collect debt not owed" - a useful starting point for anyone trying to understand what goes wrong most often in the company's consumer interactions.

Within the Bureau's 15-day response window, Diverse Funding Associates LLC answers 99.5% of forwarded complaints. That clears the industry benchmark, pointing to intake and escalation processes that are working as intended. In 22.7% of resolved cases, the consumer formally disputed the company's response - a rough measure of how often the first resolution missed the mark. 0.6% of resolved complaints ended with some monetary or non-monetary relief for 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 Diverse Funding Associates LLC have?

The CFPB has logged 771 complaints against Diverse Funding Associates LLC to date, of which 248 came in over the last 12 months.

Does Diverse Funding Associates LLC respond to complaints on time?

Diverse Funding Associates LLC's CFPB timely-response rate is 99.5%. That is a strong response record by CFPB standards.

What product generates the most complaints for Diverse Funding Associates LLC?

The most complained-about product for Diverse Funding Associates LLC is "Debt collection." You can view the full product breakdown on this page.

What is the most common complaint issue with Diverse Funding Associates LLC?

The most common issue reported by consumers about Diverse Funding Associates LLC is "Attempts to collect debt not owed." All complaint issues are listed above with their counts.

How do I file a complaint against Diverse Funding Associates LLC?

You can file a complaint against Diverse Funding Associates 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 Diverse Funding Associates LLC?

Diverse Funding Associates LLC has drawn CFPB complaints from 45 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.

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