CFPB Consumer Complaint Profile

Sullivan Asset Management, LLC

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

15
Total complaints
Below average
1
Last 12 months
46.7%
Timely response
Bottom decile
10
States affected

The verdict

Out of 3,843 financial companies in the CFPB database, Sullivan Asset Management, LLC places #3232 by volume. Its on-time response record is at the 3rd percentile among companies with 100+ complaints.

Debt collection
most-complained product
NV
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.

F
PlainCredit Trust Score
15/100
Sullivan Asset Management, LLC · 3 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 46.7%
Share of complaints answered within the CFPB response window
Dispute Rate F 25.0%
Share of responses the consumer disputed (lower is better)
Relief Rate F 0.0%
Share of complaints closed with monetary or non-monetary relief

Sullivan Asset Management, LLC vs. all companies by on-time response rate

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

46.7% 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

Reading this profile

Complaints by Product

Debt collection - I do not know 7
Debt collection - Payday loan 5
Debt collection - Credit card 1
Debt collection - Payday loan debt 1
Credit reporting or other personal consumer reports - Other personal consumer report 1

Top Issues

1.False statements or representation 6
2.Communication tactics 4
3.Improper contact or sharing of info 2
4.Attempts to collect debt not owed 1
5.Incorrect information on your report 1
6.Disclosure verification of debt 1

Complaints by Year

Year Complaints
2015 8
2016 4
2018 1
2019 1
2026year in progress 1

Complaints by State (Top 15)

Nevada 2
California 2
Tennessee 2
Texas 2
Louisiana 2
Vermont 1
Oklahoma 1
Illinois 1
North Carolina 1
Missouri 1

Company Responses

Closed with explanation 12
Untimely response 3

What the CFPB Complaint Record Shows for Sullivan Asset Management, LLC

Sullivan Asset Management, LLC draws a geographically concentrated spread of CFPB complaints, filed by consumers in many parts of the country. The single largest complaint category is "Debt collection," which consistently leads the product-level breakdown and signals where consumer friction is most acute. Inside that category, "False statements or representation" comes up most often - worth a look for anyone trying to spot the company's recurring pain point.

Within the Bureau's 15-day response window, the timely-response measure shows how often forwarded complaints get a reply. This company's rate 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. A formal dispute means the consumer contested the company's response after a case was resolved, a rough measure of how often the first resolution missed the mark. 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.

Nationwide companies with similar complaint volume or dispute rates

Two CFPB peer sets for Sullivan Asset Management, LLC: nearest financial companies by total complaint volume and by the share of complaints consumers mark as disputed. These are cross-firm neighborhoods, not the product-category list below.

Also handles Debt collection

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

Frequently Asked Questions

How many CFPB complaints does Sullivan Asset Management, LLC have?

15 complaints have been filed against Sullivan Asset Management, LLC with the CFPB overall - 1 of them in the past year.

Does Sullivan Asset Management, LLC respond to complaints on time?

Sullivan Asset Management, LLC's CFPB timely-response rate is 46.7%. That falls well short of the 95% benchmark most companies clear.

What product generates the most complaints for Sullivan Asset Management, LLC?

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

What is the most common complaint issue with Sullivan Asset Management, LLC?

Consumers most often cite "False statements or representation" when complaining about Sullivan Asset Management, LLC; the full issue list with counts is above.

How do I file a complaint against Sullivan Asset Management, LLC?

You can file a complaint against Sullivan Asset 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 Sullivan Asset Management, LLC?

Consumers in 10 states and territories have filed complaints about Sullivan Asset 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.

Sullivan Asset Management, LLC's complaint figures come from the CFPB Consumer Complaint Database, data through March 2026. See our methodology for details.