CFPB Consumer Complaint Profile
Innovate Managed Holdings, LLC
208 CFPB complaints trace a pattern in how this company responds when customers push back on credit, billing, or collection problems.
Data updated 2026-08-14
- 208
- Total complaints
- Above average
- 23
- Last 12 months
- 55.3%
- Timely response
- Bottom decile
- 30
- States affected
The verdict
Out of 3,843 financial companies in the CFPB database, Innovate Managed Holdings, LLC has accumulated 208 complaints, placing it #906 by volume. It posts a 55.3% on-time response rate, the 3rd percentile among companies with 100+ complaints.
- #906
- of 3,843 companies by volume
- 55.3%
- on time (3rd pctile)
- Vehicle loan or lease
- most-complained product
- 30
- states with complaints
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.
Innovate Managed Holdings, LLC vs. all companies by on-time response rate
Every company with 100+ CFPB complaints on file (1,335 total)
55.3% 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
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 |
|---|---|
| 2016 | 4 |
| 2017 | 19 |
| 2018 | 13 |
| 2019 | 9 |
| 2020 | 9 |
| 2021 | 18 |
| 2022 | 47 |
| 2023 | 45 |
| 2024 | 17 |
| 2025 | 24 |
| 2026year in progress | 3 |
Complaints by State (Top 15)
Company Responses
What the CFPB Complaint Record Shows for Innovate Managed Holdings, LLC
Innovate Managed Holdings, LLC carries 208 complaints in the CFPB's database, 23 of them filed within the past 12 months. Consumers spanning 30 states and territories have weighed in, giving this a multi-regional footprint. 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. 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.
Innovate Managed Holdings, LLC's timely response rate stands at 55.3%, meaning that share of CFPB-forwarded complaints received a company reply within the 15-day window the Bureau expects. 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. The company's response carried a 14.3% formal-dispute rate on resolved cases, indicating how frequently the initial fix fell short. Among resolved complaints, 3.4% 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, 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 Innovate Managed Holdings, LLC have?
Innovate Managed Holdings, LLC has 208 total consumer complaints filed with the CFPB, with 23 filed in the last 12 months.
Does Innovate Managed Holdings, LLC respond to complaints on time?
CFPB complaints against Innovate Managed Holdings, LLC draw a 55.3% timely-response rate inside the expected window. That trails the 95% industry benchmark by a wide margin.
What product generates the most complaints for Innovate Managed Holdings, LLC?
Among all products tied to Innovate Managed Holdings, LLC, "Vehicle loan or lease" accounts for the largest share of complaints (full breakdown above).
What is the most common complaint issue with Innovate Managed Holdings, LLC?
The most common issue reported by consumers about Innovate Managed Holdings, LLC is "Incorrect information on your report." All complaint issues are listed above with their counts.
How do I file a complaint against Innovate Managed Holdings, LLC?
You can file a complaint against Innovate Managed Holdings, 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 Innovate Managed Holdings, LLC?
The CFPB has recorded complaints against Innovate Managed Holdings, LLC from 30 separate states and territories, including jurisdictions beyond the 52 with a dedicated state page here - Guam, the U.S. Virgin Islands, and APO/FPO military postal codes among them.
Nationwide companies with similar complaint volume or dispute rates
Two CFPB peer sets for Innovate Managed Holdings, 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 (14.3% here).
Also handles Vehicle loan or lease
Other companies with the same primary CFPB product category on file.
Source: CFPB Consumer Complaint Database Data through March 2026
Read our methodology - how this data is sourced, computed, and verified.