American Finance LLC -- Consumer Complaint Report & Risk Analysis
Vehicle Loan and Repossession Issues
Complaint Summary
American Finance LLC has received 11 consumer complaints filed with the CFPB across 4 products. The most common issues reported are repossession, managing the loan or lease, problem with a company's investigation into an existing problem. Complaints span 4 states, with Delaware and Maryland leading in complaint volume.
Company Overview
Company: American Finance LLC
Total CFPB Complaints: 11
AI Risk Score: 65/100
Most Recent Complaint: 2022-10-17T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: low
AI Company Analysis
American Finance LLC has 11 consumer complaints on file with the CFPB. Company has had issues with timely responses to complaints Last complaint was filed on 2022-10-17
Response Quality Assessment
fair
Top Consumer Issues
Repossession practices -- Severity: medium
Red Flags
- Multiple complaints about repossession procedures
Green Flags
- Some customers reported satisfactory resolution of issues
Consumer Tips & Advice
Be aware of your rights during repossession processes.
Complaint Trend Analysis
There is a trend of increasing complaints about repossession practices.
Regulatory History
Regulatory history shows some improvements in handling repossession complaints.
Industry Context
The finance industry often faces challenges in managing vehicle loans and repossession.
Frequently Asked Questions About American Finance LLC
How many CFPB complaints does American Finance LLC have?
American Finance LLC has 11 complaints on file with the CFPB. The most recent complaint was filed on October 17, 2022.
What is American Finance LLC's complaint response rate?
Response rate data is not yet available for American Finance LLC.
Does American Finance LLC respond to complaints on time?
Timely response data is not yet available for American Finance LLC.
Is American Finance LLC safe to do business with?
Vehicle Loan and Repossession Issues American Finance LLC has 11 CFPB complaints. Risk score: 65/100.
What red flags exist for American Finance LLC?
Potential red flags for American Finance LLC: Multiple complaints about repossession procedures. These are based on analysis of CFPB complaint patterns.
What are American Finance LLC's strengths?
Positive indicators for American Finance LLC: Some customers reported satisfactory resolution of issues.
What tips should consumers know about American Finance LLC?
Be aware of your rights during repossession processes.
Are complaints against American Finance LLC increasing or decreasing?
There is a trend of increasing complaints about repossession practices. American Finance LLC currently has 11 total complaints.
Has American Finance LLC faced regulatory action?
Regulatory history shows some improvements in handling repossession complaints.
How does American Finance LLC compare to industry peers?
The finance industry often faces challenges in managing vehicle loans and repossession.
What specific issues have customers faced with repossession?
Customers have reported issues such as repossession without proper notice and lack of transparency in the repossession process.
Recent Complaints Against American Finance LLC
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #19320766 | Credit reporting or other personal consumer reports | Problem with a company's investigation into an existing problem | 2026-02-06T12:00:00-05:00 | Florida | |
| #11193849 | Vehicle loan or lease | Repossession | 2024-12-17T12:00:00-05:00 | Pennsylvania | |
| #10094180 | Vehicle loan or lease | Repossession | 2024-09-11T12:00:00-05:00 | Delaware | |
| #8289919 | Vehicle loan or lease | Managing the loan or lease | 2024-02-05T12:00:00-05:00 | Delaware | |
| #7802576 | Credit reporting or other personal consumer reports | Improper use of your report | 2023-11-04T12:00:00-05:00 | Delaware | |
| #6895451 | Vehicle loan or lease | Struggling to pay your loan | 2023-04-26T12:00:00-05:00 | Delaware | |
| #6217314 | Credit reporting, credit repair services, or other personal consumer reports | Incorrect information on your report | 2022-11-17T12:00:00-05:00 | Delaware | |
| #6096358 | Vehicle loan or lease | Managing the loan or lease | 2022-10-17T12:00:00-05:00 | Delaware | |
| #5921062 | Debt collection | False statements or representation | 2022-08-26T12:00:00-05:00 | Maryland | |
| #5529217 | Debt collection | Written notification about debt | 2022-05-02T12:00:00-05:00 | Maryland | |
| #4874601 | Vehicle loan or lease | Problems at the end of the loan or lease | 2021-11-03T12:00:00-05:00 | Delaware |
American Finance LLC Complaints by State
- American Finance LLC Complaints in Delaware -- 7 complaints
- American Finance LLC Complaints in Maryland -- 2 complaints
- American Finance LLC Complaints in Florida -- 1 complaints
- American Finance LLC Complaints in Pennsylvania -- 1 complaints
American Finance LLC Complaints by Product
- American Finance LLC Vehicle loan or lease Complaints -- 6 complaints | All Vehicle loan or lease Complaints
- American Finance LLC Credit reporting or other personal consumer reports Complaints -- 2 complaints | All Credit reporting or other personal consumer reports Complaints
- American Finance LLC Debt collection Complaints -- 2 complaints | All Debt collection Complaints
- American Finance LLC Credit reporting, credit repair services, or other personal consumer reports Complaints -- 1 complaints | All Credit reporting, credit repair services, or other personal consumer reports Complaints
American Finance LLC Complaints by Issue
- American Finance LLC -- Repossession -- 2 complaints | All Repossession Complaints
- American Finance LLC -- Managing the loan or lease -- 2 complaints | All Managing the loan or lease Complaints
- American Finance LLC -- Problem with a company's investigation into an existing problem -- 1 complaints | All Problem with a company's investigation into an existing problem Complaints
- American Finance LLC -- Improper use of your report -- 1 complaints | All Improper use of your report Complaints
- American Finance LLC -- Struggling to pay your loan -- 1 complaints | All Struggling to pay your loan Complaints
- American Finance LLC -- Incorrect information on your report -- 1 complaints | All Incorrect information on your report Complaints
- American Finance LLC -- False statements or representation -- 1 complaints | All False statements or representation Complaints
- American Finance LLC -- Written notification about debt -- 1 complaints | All Written notification about debt Complaints
- American Finance LLC -- Problems at the end of the loan or lease -- 1 complaints | All Problems at the end of the loan or lease Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for American Finance LLC is generated by ReadTheComplaint using AI analysis of data from the CFPB.