CFPB Consumer Complaint Profile
Lake Area Collections, LLC
21 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
- 21
- Total complaints
- Mid-range
- 2
- Last 12 months
- 57.1%
- Timely response
- Bottom decile
- 5
- States affected
The verdict
Lake Area Collections, LLC ranks #2800 of 3,843 financial companies by CFPB complaint volume, with 21 complaints on record. On-time replies land at 57.1%, the 4th percentile for the 100+ complaint peer group.
- #2800
- of 3,843 companies by volume
- 57.1%
- on time (4th pctile)
- Debt collection
- most-complained product
- 5
- 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.
Lake Area Collections, LLC vs. all companies by on-time response rate
Every company with 100+ CFPB complaints on file (1,335 total)
57.1% Among the lowest higher than 4% 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 |
|---|---|
| 2014 | 2 |
| 2015 | 2 |
| 2016 | 1 |
| 2018 | 2 |
| 2019 | 5 |
| 2021 | 1 |
| 2022 | 4 |
| 2024 | 1 |
| 2025 | 2 |
| 2026year in progress | 1 |
Complaints by State (Top 15)
Company Responses
What the CFPB Complaint Record Shows for Lake Area Collections, LLC
Lake Area Collections, LLC carries 21 complaints in the CFPB's database, 2 of them filed within the past 12 months. Consumers spanning 5 states and territories have weighed in, giving this a geographically concentrated footprint. The single largest complaint category is "Debt collection," 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 "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.
CFPB-forwarded complaints against Lake Area Collections, LLC draw a 57.1% reply rate inside the Bureau's 15-day window. 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 0% - a rough measure of how often the first resolution missed the mark. Resolved complaints closed with monetary or non-monetary relief for the consumer at a 28.6% rate.
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 Lake Area Collections, LLC have?
Lake Area Collections, LLC has 21 total consumer complaints filed with the CFPB, with 2 filed in the last 12 months.
Does Lake Area Collections, LLC respond to complaints on time?
Lake Area Collections, LLC has a 57.1% timely response rate to CFPB complaints. That trails the 95% industry benchmark by a wide margin.
What product generates the most complaints for Lake Area Collections, LLC?
"Debt collection" draws more CFPB complaints against Lake Area Collections, LLC than any other product - see the full breakdown above.
What is the most common complaint issue with Lake Area Collections, LLC?
"Attempts to collect debt not owed" is the single most frequently cited issue in complaints against Lake Area Collections, LLC - see all issues and counts above.
How do I file a complaint against Lake Area Collections, LLC?
You can file a complaint against Lake Area Collections, 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 Lake Area Collections, LLC?
Lake Area Collections, LLC has drawn CFPB complaints from 5 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.
Nationwide companies with similar complaint volume or dispute rates
Two CFPB peer sets for Lake Area Collections, 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 (0% here).
Also handles Debt collection
Other companies with the same primary CFPB product category on file.
Frequently Asked Questions
How many CFPB complaints does Lake Area Collections, LLC have?
Lake Area Collections, LLC has 21 total consumer complaints filed with the CFPB, with 2 filed in the last 12 months.
Does Lake Area Collections, LLC respond to complaints on time?
Lake Area Collections, LLC has a 57.1% timely response rate to CFPB complaints. That trails the 95% industry benchmark by a wide margin.
What product generates the most complaints for Lake Area Collections, LLC?
"Debt collection" draws more CFPB complaints against Lake Area Collections, LLC than any other product - see the full breakdown above.
What is the most common complaint issue with Lake Area Collections, LLC?
"Attempts to collect debt not owed" is the single most frequently cited issue in complaints against Lake Area Collections, LLC - see all issues and counts above.
How do I file a complaint against Lake Area Collections, LLC?
You can file a complaint against Lake Area Collections, 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 Lake Area Collections, LLC?
Lake Area Collections, LLC has drawn CFPB complaints from 5 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.