CFPB Consumer Complaint Profile

Receivable Asset Management

What 34 consumer complaints filed with the Consumer Financial Protection Bureau reveal about how this company handles credit, billing and collection disputes.

34
Total complaints
0
Last 12 months
70.6%
Timely response
17
States affected

The verdict

Receivable Asset Management ranks #2214 of 3,848 financial companies by CFPB complaint volume, with 34 complaints on record. It answers 70.6% of complaints on time — below the 93% median for companies with 100+ complaints.

#2214
of 3,848 companies by volume
70.6%
answered on time
Debt collection
most-complained product
17
states with complaints
Receivable Asset Management timely response rate 70.6%
Industry benchmark

Percent of CFPB complaints answered within the regulator's expected window. Industry benchmark sits at 95%.

Complaints by Product

Debt collection — I do not know 13
Debt collection — Payday loan 9
Debt collection — Other (i.e. phone, health club, etc.) 3
Debt collection — Credit card 2
Debt collection — Medical debt 2
Debt collection — Payday loan debt 1
Debt collection — Credit card debt 1
Consumer Loan — Installment loan 1
Debt collection — Medical 1
Credit reporting, credit repair services, or other personal consumer reports — Credit reporting 1

Top Issues

1.Communication tactics 11
2.Improper contact or sharing of info 7
3.Taking/threatening an illegal action 6
4.Disclosure verification of debt 3
5.Took or threatened to take negative or legal action 2
6.Problems when you are unable to pay 1
7.Written notification about debt 1
8.Incorrect information on your report 1
9.Cont'd attempts collect debt not owed 1
10.Attempts to collect debt not owed 1

Complaints by Year

Year Complaints
2013 2
2014 11
2015 12
2016 2
2018 1
2019 1
2020 5

Complaints by State (Top 15)

Texas 5
California 4
North Carolina 3
Florida 3
New Jersey 3
Arizona 2
Ohio 2
Indiana 2
Virginia 2
Pennsylvania 1
Rhode Island 1
Michigan 1
Nevada 1
Connecticut 1
Maryland 1

Company Responses

Closed with explanation 24
Untimely response 9
Closed 1

What the CFPB Complaint Record Shows for Receivable Asset Management

The CFPB Consumer Complaint Database has logged 34 complaints against Receivable Asset Management overall, with 0 of those filed in the trailing 12 months. Reports have come from consumers in 17 states and territories, making this a multi-regional complaint 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 "Communication tactics" — a useful starting point for anyone trying to understand what goes wrong most often in the company's consumer interactions.

Receivable Asset Management's timely response rate stands at 70.6%, 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. Consumers formally disputed the company's response in 7.4% of resolved cases, a signal of how often the initial resolution failed to satisfy the complainant. Of complaints that were resolved, 0% closed with some form of monetary or non-monetary relief to the consumer.

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 Receivable Asset Management have?

Receivable Asset Management has 34 total consumer complaints filed with the CFPB, with 0 filed in the last 12 months.

Does Receivable Asset Management respond to complaints on time?

Receivable Asset Management has a 70.6% timely response rate to CFPB complaints. This is below the typical industry benchmark of 95%.

What product generates the most complaints for Receivable Asset Management?

The most complained-about product for Receivable Asset Management is "Debt collection." You can view the full product breakdown on this page.

What is the most common complaint issue with Receivable Asset Management?

The most common issue reported by consumers about Receivable Asset Management is "Communication tactics." All complaint issues are listed above with their counts.

How do I file a complaint against Receivable Asset Management?

You can file a complaint against Receivable Asset Management 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 Receivable Asset Management?

Consumers in 17 states and territories have filed complaints about Receivable Asset Management with the CFPB.

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

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