Credit Wise Recovery Solution LLC -- Consumer Complaint Report & Risk Analysis

Credit Wise Recovery Solution LLC: Timely Response Issues

Complaint Summary

Credit Wise Recovery Solution LLC has received 14 consumer complaints filed with the CFPB across 3 products. The most common issues reported are incorrect information on your report, problem with fraud alerts or security freezes, improper use of your report. Complaints span 11 states, with New York and New Jersey leading in complaint volume.

Company Overview

Company: Credit Wise Recovery Solution LLC

Total CFPB Complaints: 14

AI Risk Score: 65/100

Most Recent Complaint: 2021-06-03T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

Credit Wise Recovery Solution LLC has 14 consumer complaints on file with the CFPB. Incorrect information on your report Attempts to collect debt not owed

Response Quality Assessment

fair

Top Consumer Issues

Incorrect information on your report -- Severity: medium

Red Flags

  • Attempts to collect debt not owed

Green Flags

  • Proper handling of fraud alerts and security freezes

Consumer Tips & Advice

Ensure all information on your credit report is accurate to improve your credit score.

Complaint Trend Analysis

There is a trend of increasing complaints about incorrect information on credit reports, indicating a need for better accuracy and transparency.

Regulatory History

Regulatory history shows ongoing efforts to improve credit reporting accuracy and consumer protection.

Industry Context

The credit reporting industry is under scrutiny for ensuring the accuracy and fairness of consumer reports.

Frequently Asked Questions About Credit Wise Recovery Solution LLC

How many CFPB complaints does Credit Wise Recovery Solution LLC have?

Credit Wise Recovery Solution LLC has 14 complaints on file with the CFPB. The most recent complaint was filed on June 3, 2021.

What is Credit Wise Recovery Solution LLC's complaint response rate?

Response rate data is not yet available for Credit Wise Recovery Solution LLC.

Does Credit Wise Recovery Solution LLC respond to complaints on time?

Timely response data is not yet available for Credit Wise Recovery Solution LLC.

Is Credit Wise Recovery Solution LLC safe to do business with?

Credit Wise Recovery Solution LLC: Timely Response Issues Credit Wise Recovery Solution LLC has 14 CFPB complaints. Risk score: 65/100.

What red flags exist for Credit Wise Recovery Solution LLC?

Potential red flags for Credit Wise Recovery Solution LLC: Attempts to collect debt not owed. These are based on analysis of CFPB complaint patterns.

What are Credit Wise Recovery Solution LLC's strengths?

Positive indicators for Credit Wise Recovery Solution LLC: Proper handling of fraud alerts and security freezes.

What tips should consumers know about Credit Wise Recovery Solution LLC?

Ensure all information on your credit report is accurate to improve your credit score.

Are complaints against Credit Wise Recovery Solution LLC increasing or decreasing?

There is a trend of increasing complaints about incorrect information on credit reports, indicating a need for better accuracy and transparency. Credit Wise Recovery Solution LLC currently has 14 total complaints.

Has Credit Wise Recovery Solution LLC faced regulatory action?

Regulatory history shows ongoing efforts to improve credit reporting accuracy and consumer protection.

How does Credit Wise Recovery Solution LLC compare to industry peers?

The credit reporting industry is under scrutiny for ensuring the accuracy and fairness of consumer reports.

What is the most common issue reported by consumers regarding Credit Wise Recovery Solution LLC?

The most common issue is incorrect information on the consumer's report.

Recent Complaints Against Credit Wise Recovery Solution LLC

Complaint IDProductIssueDate ReceivedCompany ResponseState
#5162491Credit reporting, credit repair services, or other personal consumer reportsProblem with fraud alerts or security freezes2022-01-28T12:00:00-05:00New York
#5158926Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2022-01-27T12:00:00-05:00Colorado
#5112865Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2022-01-15T12:00:00-05:00Mississippi
#4948045Credit reporting, credit repair services, or other personal consumer reportsProblem with customer service2021-11-26T12:00:00-05:00Arizona
#4931495Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2021-11-19T12:00:00-05:00New Jersey
#4712038Debt collectionAttempts to collect debt not owed2021-09-11T12:00:00-05:00Texas
#4696085Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2021-09-06T12:00:00-05:00Texas
#4657515Credit card or prepaid cardGetting a credit card2021-08-24T12:00:00-05:00Pennsylvania
#4582239Credit reporting, credit repair services, or other personal consumer reportsCredit monitoring or identity theft protection services2021-07-28T12:00:00-05:00South Carolina
#4456193Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2021-06-13T12:00:00-05:00Ohio
#4430375Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2021-06-03T12:00:00-05:00Delaware
#4415806Credit reporting, credit repair services, or other personal consumer reportsProblem with a credit reporting company's investigation into an existing problem2021-05-28T12:00:00-05:00Louisiana
#4402626Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2021-05-24T12:00:00-05:00New York
#4338441Credit card or prepaid cardProblem with fraud alerts or security freezes2021-04-29T12:00:00-05:00New Jersey

Credit Wise Recovery Solution LLC Complaints by State

Credit Wise Recovery Solution LLC Complaints by Product

Credit Wise Recovery Solution LLC Complaints by Issue

Disclaimer

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

About This Report

This consumer complaint report for Credit Wise Recovery Solution LLC is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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