CFPB Consumer Complaint Profile
Lil' Wave Financial, Inc.
The CFPB complaints on file trace a pattern in how this company responds when customers push back on credit, billing, or collection problems.
Data updated 2026-08-14
- 46
- Total complaints
- Mid-range
- 9
- Last 12 months
- 100%
- Timely response
- Top decile
- 12
- States affected
The verdict
By CFPB complaint volume, Lil' Wave Financial, Inc. is #1915 out of 3,843 financial companies. On response speed it sits at the 86th percentile among companies with 100+ complaints.
- Mortgage
- most-complained product
- CA
- state with the most complaints
Raw complaint volume, not a rate: larger institutions naturally draw more CFPB complaints because they serve more customers, and a complaint is a consumer-filed record, not a proven finding of wrongdoing.
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.
Lil' Wave Financial, Inc. vs. all companies by on-time response rate
Every company with 100+ CFPB complaints on file (1,335 total)
100% Top 14% higher than 86% 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
Reading this profile
Source: CFPB Consumer Complaint Database
Complaints by Product
Top Issues
Complaints by Year
| Year | Complaints |
|---|---|
| 2018 | 1 |
| 2019 | 7 |
| 2020 | 8 |
| 2021 | 6 |
| 2022 | 2 |
| 2023 | 2 |
| 2024 | 6 |
| 2025 | 13 |
| 2026year in progress | 1 |
Complaints by State (Top 15)
Company Responses
What the CFPB Complaint Record Shows for Lil' Wave Financial, Inc.
The CFPB Consumer Complaint Database shows a geographically concentrated complaint footprint for Lil' Wave Financial, Inc., with consumers across the country filing against it. No product draws more complaints than "Mortgage," which sits at the top of the product breakdown. The specific issue named most within that category is "Trouble during payment process," a reasonable starting point for understanding recurring friction.
Within the Bureau's 15-day response window, the timely-response measure shows how often forwarded complaints get a reply. This company's rate clears the industry benchmark, pointing to intake and escalation processes that are working as intended. Relief means the case closed with monetary or non-monetary help for the consumer. Both rates sit in the score card above.
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.
Also handles Mortgage
Other companies with the same primary CFPB product category on file.
Frequently Asked Questions
How many CFPB complaints does Lil' Wave Financial, Inc. have?
46 complaints have been filed against Lil' Wave Financial, Inc. with the CFPB overall - 9 of them in the past year.
Does Lil' Wave Financial, Inc. respond to complaints on time?
Lil' Wave Financial, Inc.'s CFPB timely-response rate is 100%. That is a strong response record by CFPB standards.
What product generates the most complaints for Lil' Wave Financial, Inc.?
The most complained-about product for Lil' Wave Financial, Inc. is "Mortgage." You can view the full product breakdown on this page.
What is the most common complaint issue with Lil' Wave Financial, Inc.?
Consumers most often cite "Trouble during payment process" when complaining about Lil' Wave Financial, Inc.; the full issue list with counts is above.
How do I file a complaint against Lil' Wave Financial, Inc.?
You can file a complaint against Lil' Wave Financial, Inc. 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 Lil' Wave Financial, Inc.?
Lil' Wave Financial, Inc. has drawn CFPB complaints from 12 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.