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 2026-05-15

218
Total complaints
11
Last 12 months
73.9%
Timely response
20
States affected

The verdict

Among 3,848 financial companies tracked by CFPB complaint volume, Waterfall Revenue Group sits at #872, with 218 complaints logged. It answers 73.9% of complaints on time - below the 93% median for companies with 100+ complaints.

#872
of 3,848 companies by volume
73.9%
answered on time
Debt collection
most-complained product
20
states with complaints
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
2026 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 answers 73.9% of 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 was formally disputed in 36.7% of resolved cases, indicating how frequently the initial fix fell short. 0.9% of resolved complaints ended with some monetary or non-monetary relief for the consumer.

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 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.

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