CFPB Consumer Complaint Profile

Source Receivables Management LLC

What 3,564 consumer complaints filed with the Consumer Financial Protection Bureau reveal about how this company handles credit, billing and collection disputes.

Data updated 2026-05-15

3,564
Total complaints
1,484
Last 12 months
97.1%
Timely response
52
States affected

The verdict

Among 3,848 financial companies tracked by CFPB complaint volume, Source Receivables Management LLC sits at #136, with 3,564 complaints logged. 97.1% of its complaints get an on-time reply, beating the 93% median for the 100+ complaint peer group.

#136
of 3,848 companies by volume
97.1%
answered on time
Debt collection
most-complained product
52
states with complaints
Source Receivables Management LLC timely response rate 97.1%
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 1,057
Debt collection - Other debt 875
Debt collection - Telecommunications debt 671
Credit reporting or other personal consumer reports - Credit reporting 455
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 229
Debt collection - Rental debt 86
Debt collection - Other (i.e. phone, health club, etc.) 72
Debt collection - Credit card debt 69
Credit reporting or other personal consumer reports - Other personal consumer report 7
Debt or credit management - Debt settlement 7

Top Issues

1.Attempts to collect debt not owed 1,456
2.Written notification about debt 526
3.Incorrect information on your report 371
4.False statements or representation 335
5.Took or threatened to take negative or legal action 289
6.Improper use of your report 173
7.Communication tactics 128
8.Problem with a company's investigation into an existing problem 74
9.Problem with a credit reporting company's investigation into an existing problem 67
10.Cont'd attempts collect debt not owed 52

Complaints by Year

Year Complaints
2013 4
2014 17
2015 23
2016 32
2017 77
2018 121
2019 111
2020 156
2021 210
2022 209
2023 401
2024 453
2025 1,451
2026 299

Complaints by State (Top 15)

Florida 484
Texas 442
Georgia 289
California 246
New York 224
Illinois 204
Pennsylvania 155
North Carolina 118
New Jersey 116
Michigan 114
Virginia 90
Ohio 86
Maryland 86
Missouri 74
Louisiana 69

Company Responses

Closed with explanation 3,482
Closed with non-monetary relief 67
Closed with monetary relief 10
In progress 3
Closed 2

What the CFPB Complaint Record Shows for Source Receivables Management LLC

Source Receivables Management LLC carries 3,564 complaints in the CFPB's database, 1,484 of them filed within the past 12 months. Consumers spanning 52 states and territories have weighed in, giving this a nationwide footprint. "Debt collection" tops the product-level breakdown by a clear margin, marking it as the area of greatest consumer friction. The specific issue named most within that category is "Attempts to collect debt not owed," a reasonable starting point for understanding recurring friction.

Within the Bureau's 15-day response window, Source Receivables Management LLC answers 97.1% of forwarded complaints. That figure is at or above the industry benchmark and suggests the company's intake and escalation processes are functioning as designed. In 18.2% of resolved cases, the consumer formally disputed the company's response - a rough measure of how often the first resolution missed the mark. Among resolved complaints, 2.2% closed with the consumer receiving monetary or non-monetary relief.

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 (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 Source Receivables Management LLC have?

Source Receivables Management LLC has 3,564 total consumer complaints filed with the CFPB, with 1,484 filed in the last 12 months.

Does Source Receivables Management LLC respond to complaints on time?

97.1% of the CFPB complaints against Source Receivables Management LLC get a response within the expected window. That puts it among the more responsive companies in the CFPB dataset.

What product generates the most complaints for Source Receivables Management LLC?

Among all products tied to Source Receivables Management LLC, "Debt collection" accounts for the largest share of complaints (full breakdown above).

What is the most common complaint issue with Source Receivables Management LLC?

The most common issue reported by consumers about Source Receivables Management LLC is "Attempts to collect debt not owed." All complaint issues are listed above with their counts.

How do I file a complaint against Source Receivables Management LLC?

You can file a complaint against Source Receivables Management 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 Source Receivables Management LLC?

Consumers in 52 states and territories have filed complaints about Source Receivables Management LLC with the CFPB. This count includes the 50 states, DC, Puerto Rico, and smaller CFPB-tracked jurisdictions such as Guam, the U.S. Virgin Islands, and military postal codes (APO/FPO), which is why it can exceed the 52 states and territories that have a dedicated state page on this site.

Similar Companies

Matched by complaint volume nationwide and by product category - a different peer set than the sibling-portal links below.

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