Credible Labs INC. -- Consumer Complaint Report & Risk Analysis

Issues with Payday and Title Loans and Credit Reporting

Complaint Summary

Credible Labs INC. has received 14 consumer complaints filed with the CFPB across 5 products. The most common issues reported are improper use of your report, getting the loan, incorrect information on your report. Complaints span 9 states, with Texas and Pennsylvania leading in complaint volume.

Company Overview

Company: Credible Labs INC.

Total CFPB Complaints: 14

AI Risk Score: 65/100

Most Recent Complaint: 2021-09-04T12:00:00-05:00

Risk Breakdown

  • Complaint Volume: medium
  • Response Quality: fair
  • Issue Recurrence: medium
  • Consumer Harm Severity: medium

AI Company Analysis

Credible Labs Inc. has 14 consumer complaints on file with the CFPB. Improper use of your report Getting the loan

Response Quality Assessment

fair

Top Consumer Issues

Improper use of credit report -- Severity: medium

Red Flags

  • Potential for identity theft due to improper use of credit report

Green Flags

  • Company has a history of timely responses to complaints

Consumer Tips & Advice

Be cautious about sharing personal information with the company.

Complaint Trend Analysis

There is a trend of increasing complaints about improper use of credit reports.

Regulatory History

The company has a history of resolving complaints within a reasonable timeframe.

Industry Context

The company operates in a highly regulated industry with strict credit reporting laws.

Frequently Asked Questions About Credible Labs INC.

How many CFPB complaints does Credible Labs Inc. have?

Credible Labs Inc. has 14 complaints on file with the CFPB. The most recent complaint was filed on September 4, 2021.

What is Credible Labs Inc.'s complaint response rate?

Response rate data is not yet available for Credible Labs Inc..

Does Credible Labs Inc. respond to complaints on time?

Timely response data is not yet available for Credible Labs Inc..

Is Credible Labs Inc. safe to do business with?

Issues with Payday and Title Loans and Credit Reporting Credible Labs Inc. has 14 CFPB complaints. Risk score: 65/100.

What red flags exist for Credible Labs Inc.?

Potential red flags for Credible Labs Inc.: Potential for identity theft due to improper use of credit report. These are based on analysis of CFPB complaint patterns.

What are Credible Labs Inc.'s strengths?

Positive indicators for Credible Labs Inc.: Company has a history of timely responses to complaints.

What tips should consumers know about Credible Labs Inc.?

Be cautious about sharing personal information with the company.

Are complaints against Credible Labs Inc. increasing or decreasing?

There is a trend of increasing complaints about improper use of credit reports. Credible Labs Inc. currently has 14 total complaints.

Has Credible Labs Inc. faced regulatory action?

The company has a history of resolving complaints within a reasonable timeframe.

How does Credible Labs Inc. compare to industry peers?

The company operates in a highly regulated industry with strict credit reporting laws.

What measures does Credible Labs Inc. have in place to prevent improper use of credit reports?

Credible Labs Inc. should have strict protocols and training programs to ensure that credit reports are used only for the purposes they were intended.

Recent Complaints Against Credible Labs INC.

Complaint IDProductIssueDate ReceivedCompany ResponseState
#14089908Credit reporting or other personal consumer reportsIncorrect information on your report2025-06-15T12:00:00-05:00Texas
#8767115Credit reporting or other personal consumer reportsImproper use of your report2024-04-13T12:00:00-05:00Texas
#6618784Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2023-02-26T12:00:00-05:00New York
#6543727Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2023-02-07T12:00:00-05:00Pennsylvania
#6172427Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2022-11-04T12:00:00-05:00Virginia
#6154456Payday loan, title loan, or personal loanGetting a line of credit2022-11-01T12:00:00-05:00New Jersey
#5875833Payday loan, title loan, or personal loanGetting the loan2022-08-13T12:00:00-05:00Virginia
#5690359Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2022-06-20T12:00:00-05:00North Carolina
#5552552Payday loan, title loan, or personal loanGetting the loan2022-05-11T12:00:00-05:00New Jersey
#4857988Payday loan, title loan, or personal loanGetting the loan2021-10-29T12:00:00-05:00District of Columbia
#4691085MortgageApplying for a mortgage or refinancing an existing mortgage2021-09-04T12:00:00-05:00Arizona
#4619785MortgageApplying for a mortgage or refinancing an existing mortgage2021-08-10T12:00:00-05:00North Carolina
#4402302Payday loan, title loan, or personal loanGetting the loan2021-05-24T12:00:00-05:00Delaware
#4342223Student loanGetting a loan2021-04-30T12:00:00-05:00Pennsylvania

Credible Labs INC. Complaints by State

Credible Labs INC. Complaints by Product

Credible Labs INC. Complaints by Issue

Disclaimer

This analysis is based on CFPB complaint data and AI interpretation.

About This Report

This consumer complaint report for Credible Labs INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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