CFPB Consumer Complaint Profile

Waterfall Revenue Group

Behind the 218 CFPB complaints on file for this company is a data trail showing how it typically handles credit, billing and collection disputes.

Data updated 2026-08-14

218
Total complaints
Above average
11
Last 12 months
73.9%
Timely response
Bottom decile
20
States affected

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The verdict

Among 3,843 financial companies tracked by CFPB complaint volume, Waterfall Revenue Group sits at #871, with 218 complaints logged. It posts a 73.9% on-time response rate, the 7th percentile among companies with 100+ complaints.

#871
of 3,843 companies by volume
73.9%
on time (7th pctile)
Debt collection
most-complained product
20
states with complaints
F
PlainCredit Trust Score
24/100
Waterfall Revenue Group · 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 73.9%
Share of complaints answered within the CFPB response window
Dispute Rate F 36.7%
Share of responses the consumer disputed (lower is better)
Relief Rate D 0.9%
Share of complaints closed with monetary or non-monetary relief

Waterfall Revenue Group vs. all companies by on-time response rate

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

73.9% Among the lowest higher than 7% 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

Waterfall Revenue Group timely response rate 73.9%
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 - Medical debt 73
Debt collection - I do not know 36
Debt collection - Medical 30
Debt collection - Other debt 26
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 25
Debt collection - Other (i.e. phone, health club, etc.) 16
Credit reporting or other personal consumer reports - Credit reporting 6
Debt collection - Credit card debt 4
Debt collection - Telecommunications debt 1
Credit reporting 1

Top Issues

1.Attempts to collect debt not owed 65
2.Written notification about debt 41
3.Cont'd attempts collect debt not owed 24
4.False statements or representation 19
5.Incorrect information on your report 19
6.Disclosure verification of debt 13
7.Communication tactics 12
8.Took or threatened to take negative or legal action 10
9.Problem with a credit reporting company's investigation into an existing problem 7
10.Improper use of your report 3

Complaints by Year

Year Complaints
2013 2
2014 11
2015 12
2016 19
2017 18
2018 22
2019 9
2020 18
2021 28
2022 29
2023 16
2024 20
2025 12
2026year in progress 2

Complaints by State (Top 15)

New Jersey 96
Delaware 43
Florida 13
Pennsylvania 12
Maryland 7
Virginia 6
North Carolina 6
New York 5
Ohio 5
Texas 4
Georgia 4
Illinois 2
South Carolina 2
Puerto Rico 2
California 2

Company Responses

Closed with explanation 216
Closed with non-monetary relief 2

What the CFPB Complaint Record Shows for Waterfall Revenue Group

The CFPB Consumer Complaint Database has logged 218 complaints against Waterfall Revenue Group overall, with 11 of those filed in the trailing 12 months. Reports have come from consumers in 20 states and territories, making this a multi-regional complaint 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, Waterfall Revenue Group posts a 73.9% reply rate on forwarded complaints. That trails the 95% benchmark badly, a red flag given how strongly late or missing responses predict CFPB supervisory attention. The company's response carried a 36.7% formal-dispute rate on resolved cases, indicating how frequently the initial fix fell short. Resolved complaints closed with monetary or non-monetary relief for the consumer at a 0.9% 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 Waterfall Revenue Group have?

The CFPB has logged 218 complaints against Waterfall Revenue Group to date, of which 11 came in over the last 12 months.

Does Waterfall Revenue Group respond to complaints on time?

Waterfall Revenue Group has a 73.9% timely response rate to CFPB complaints. That trails the 95% industry benchmark by a wide margin.

What product generates the most complaints for Waterfall Revenue Group?

"Debt collection" draws more CFPB complaints against Waterfall Revenue Group than any other product - see the full breakdown above.

What is the most common complaint issue with Waterfall Revenue Group?

"Attempts to collect debt not owed" is the single most frequently cited issue in complaints against Waterfall Revenue Group - see all issues and counts above.

How do I file a complaint against Waterfall Revenue Group?

You can file a complaint against Waterfall Revenue Group 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 Waterfall Revenue Group?

The CFPB has recorded complaints against Waterfall Revenue Group from 20 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.

Nationwide companies with similar complaint volume or dispute rates

Two CFPB peer sets for Waterfall Revenue Group: 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.

Similar dispute rates

Nearest companies by share of complaints marked disputed (36.7% here).

Also handles Debt collection

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

Source: CFPB Consumer Complaint Database Data through March 2026