CFPB Consumer Complaint Profile

Sparrow Financial, Inc.

197 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

197
Total complaints
Above average
176
Last 12 months
100%
Timely response
Top decile
34
States affected

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The verdict

197 CFPB complaints put Sparrow Financial, Inc. at #948 out of 3,843 financial companies ranked by complaint volume. Its on-time response rate is 100%, the 86th percentile among companies with 100+ complaints.

#948
of 3,843 companies by volume
100%
on time (86th pctile)
Credit reporting or …
most-complained product
34
states with 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.

B-
PlainCredit Trust Score
66/100
Sparrow 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 A+ 100.0%
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 0.5%
Share of complaints closed with monetary or non-monetary relief

Sparrow 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

What changed

CFPB Consumer Complaint Database 2024 to 2025 complete years

  • Annual CFPB complaint volume moved from 9 in 2024 to 133 in 2025 (2024 → 2025).

See the full year-over-year release diff

Sparrow Financial, Inc. timely response rate 100.0%
Industry benchmark

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

Reading this profile

Complaints by Product

Credit reporting or other personal consumer reports - Credit reporting 85
Credit card - General-purpose credit card or charge card 76
Debt collection - I do not know 18
Debt collection - Credit card debt 9
Debt collection - Telecommunications debt 2
Checking or savings account - Other banking product or service 2
Credit reporting or other personal consumer reports - Other personal consumer report 2
Credit card - Store credit card 1
Payday loan, title loan, personal loan, or advance loan - Personal line of credit 1
Checking or savings account - Checking account 1

Top Issues

1.Incorrect information on your report 58
2.Improper use of your report 19
3.Getting a credit card 18
4.Problem with a company's investigation into an existing problem 16
5.Fees or interest 12
6.Problem with a purchase shown on your statement 11
7.Other features, terms, or problems 10
8.Took or threatened to take negative or legal action 10
9.Attempts to collect debt not owed 10
10.Problem when making payments 7

Complaints by Year

Year Complaints
2024 9
2025 133
2026year in progress 55

Complaints by State (Top 15)

Florida 21
Texas 18
Georgia 16
New York 16
North Carolina 12
California 11
Pennsylvania 10
Michigan 9
Illinois 8
Ohio 7
New Jersey 7
Massachusetts 7
Oregon 6
Tennessee 5
Nevada 5

Company Responses

Closed with explanation 196
Closed with non-monetary relief 1

What the CFPB Complaint Record Shows for Sparrow Financial, Inc.

Sparrow Financial, Inc. carries 197 complaints in the CFPB's database, 176 of them filed within the past 12 months. Consumers spanning 34 states and territories have weighed in, giving this a multi-regional footprint. The single largest complaint category is "Credit reporting or other personal consumer reports," which consistently leads the product-level breakdown and signals where consumer friction is most acute. The specific issue named most within that category is "Incorrect information on your report," a reasonable starting point for understanding recurring friction.

Within the Bureau's 15-day response window, Sparrow Financial, Inc. posts a 100% reply rate on forwarded complaints. That is at or above benchmark levels, a sign the company handles intake and escalation well. Resolved complaints closed with monetary or non-monetary relief for the consumer at a 0.5% 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 Sparrow Financial, Inc. have?

Sparrow Financial, Inc. has 197 total consumer complaints filed with the CFPB, with 176 filed in the last 12 months.

Does Sparrow Financial, Inc. respond to complaints on time?

CFPB complaints against Sparrow Financial, Inc. draw a 100% timely-response rate inside the expected window. This is considered excellent.

What product generates the most complaints for Sparrow Financial, Inc.?

Among all products tied to Sparrow Financial, Inc., "Credit reporting or other personal consumer reports" accounts for the largest share of complaints (full breakdown above).

What is the most common complaint issue with Sparrow Financial, Inc.?

Consumers most often cite "Incorrect information on your report" when complaining about Sparrow Financial, Inc.; the full issue list with counts is above.

How do I file a complaint against Sparrow Financial, Inc.?

You can file a complaint against Sparrow 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 Sparrow Financial, Inc.?

Consumers in 34 states and territories have filed complaints about Sparrow Financial, Inc. 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.

Also handles Credit reporting or other personal consumer reports

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

Frequently Asked Questions

How many CFPB complaints does Sparrow Financial, Inc. have?

Sparrow Financial, Inc. has 197 total consumer complaints filed with the CFPB, with 176 filed in the last 12 months.

Does Sparrow Financial, Inc. respond to complaints on time?

CFPB complaints against Sparrow Financial, Inc. draw a 100% timely-response rate inside the expected window. This is considered excellent.

What product generates the most complaints for Sparrow Financial, Inc.?

Among all products tied to Sparrow Financial, Inc., "Credit reporting or other personal consumer reports" accounts for the largest share of complaints (full breakdown above).

What is the most common complaint issue with Sparrow Financial, Inc.?

Consumers most often cite "Incorrect information on your report" when complaining about Sparrow Financial, Inc.; the full issue list with counts is above.

How do I file a complaint against Sparrow Financial, Inc.?

You can file a complaint against Sparrow 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 Sparrow Financial, Inc.?

Consumers in 34 states and territories have filed complaints about Sparrow Financial, Inc. 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.

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