CFPB Consumer Complaint Profile

Live Oak Financial, Inc

29 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

29
Total complaints
Mid-range
27
Last 12 months
51.7%
Timely response
Bottom decile
6
States affected

The verdict

Among 3,843 financial companies tracked by CFPB complaint volume, Live Oak Financial, Inc sits at #2382, with 29 complaints logged. It posts a 51.7% on-time response rate, the 3rd percentile among companies with 100+ complaints.

#2382
of 3,843 companies by volume
51.7%
on time (3rd pctile)
Debt collection
most-complained product
6
states with complaints
F
PlainCredit Trust Score
12/100
Live Oak Financial, Inc · 2 of 3 dimensions reported

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.

Timely Response F 51.7%
Share of complaints answered within the CFPB response window
Dispute Rate N/A N/A
Dispute field not reported for this company
Relief Rate F 0.0%
Share of complaints closed with monetary or non-monetary relief

Live Oak Financial, Inc vs. all companies by on-time response rate

Every company with 100+ CFPB complaints on file (1,335 total)

51.7% 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

Live Oak Financial, Inc timely response rate 51.7%
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 11
Credit reporting or other personal consumer reports - Credit reporting 9
Debt collection - Other debt 4
Debt collection - Telecommunications debt 3
Debt collection - Medical debt 2

Top Issues

1.Attempts to collect debt not owed 7
2.Incorrect information on your report 5
3.False statements or representation 4
4.Written notification about debt 4
5.Took or threatened to take negative or legal action 3
6.Improper use of your report 3
7.Electronic communications 1
8.Problem with a company's investigation into an existing problem 1
9.Threatened to contact someone or share information improperly 1

Complaints by Year

Year Complaints
2025 21
2026year in progress 8

Complaints by State (Top 15)

Georgia 23
Alabama 2
Texas 1
Nevada 1
Oklahoma 1
Virginia 1

Company Responses

Closed with explanation 17
Untimely response 12

What the CFPB Complaint Record Shows for Live Oak Financial, Inc

29 complaints against Live Oak Financial, Inc appear in the CFPB record, including 27 from the trailing year. The 6 states and territories represented put this footprint in geographically concentrated territory. No product draws more complaints than "Debt collection," which sits at the top of the product breakdown. The specific issue named most within that category is "Attempts to collect debt not owed," a reasonable starting point for understanding recurring friction.

CFPB-forwarded complaints against Live Oak Financial, Inc draw a 51.7% 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. Among resolved complaints, the consumer-relief closure rate is 0%.

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 Live Oak Financial, Inc have?

The CFPB has logged 29 complaints against Live Oak Financial, Inc to date, of which 27 came in over the last 12 months.

Does Live Oak Financial, Inc respond to complaints on time?

CFPB complaints against Live Oak Financial, Inc draw a 51.7% timely-response rate inside the expected window. That falls well short of the 95% benchmark most companies clear.

What product generates the most complaints for Live Oak Financial, Inc?

Among all products tied to Live Oak Financial, Inc, "Debt collection" accounts for the largest share of complaints (full breakdown above).

What is the most common complaint issue with Live Oak Financial, Inc?

"Attempts to collect debt not owed" is the single most frequently cited issue in complaints against Live Oak Financial, Inc - see all issues and counts above.

How do I file a complaint against Live Oak Financial, Inc?

You can file a complaint against Live Oak 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 Live Oak Financial, Inc?

The CFPB has recorded complaints against Live Oak Financial, Inc from 6 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.

Also handles Debt collection

Other companies with the same primary CFPB product category on file.

Frequently Asked Questions

How many CFPB complaints does Live Oak Financial, Inc have?

The CFPB has logged 29 complaints against Live Oak Financial, Inc to date, of which 27 came in over the last 12 months.

Does Live Oak Financial, Inc respond to complaints on time?

CFPB complaints against Live Oak Financial, Inc draw a 51.7% timely-response rate inside the expected window. That falls well short of the 95% benchmark most companies clear.

What product generates the most complaints for Live Oak Financial, Inc?

Among all products tied to Live Oak Financial, Inc, "Debt collection" accounts for the largest share of complaints (full breakdown above).

What is the most common complaint issue with Live Oak Financial, Inc?

"Attempts to collect debt not owed" is the single most frequently cited issue in complaints against Live Oak Financial, Inc - see all issues and counts above.

How do I file a complaint against Live Oak Financial, Inc?

You can file a complaint against Live Oak 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 Live Oak Financial, Inc?

The CFPB has recorded complaints against Live Oak Financial, Inc from 6 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.

Live Oak Financial, Inc's complaint figures come from the CFPB Consumer Complaint Database, data through March 2026. See our methodology for details.