Dividend Finance INC. -- Consumer Complaint Report & Risk Analysis
Challenges with Dividend Finance Inc. Loan Products and Collection Practices
Complaint Summary
Dividend Finance INC. has received 14 consumer complaints filed with the CFPB across 2 products. The most common issues reported are charged fees or interest you didn't expect, getting the loan, took or threatened to take negative or legal action. Complaints span 11 states, with Arizona and Tennessee leading in complaint volume.
Company Overview
Company: Dividend Finance INC.
Total CFPB Complaints: 14
AI Risk Score: 45/100
Most Recent Complaint: 2022-10-21T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: low
AI Company Analysis
Dividend Finance Inc. has 14 consumer complaints on file with the CFPB. Charged unexpected fees or interest Difficulties in obtaining loans Legal or negative actions taken or threatened
Response Quality Assessment
fair
Top Consumer Issues
Unexpected fees and interest charges -- Severity: medium
Red Flags
- Legal actions taken or threatened
Green Flags
- Timely payment history
Consumer Tips & Advice
Ensure all fees and interest are clearly disclosed before agreeing to any loan.
Complaint Trend Analysis
There is a trend of increasing complaints about unexpected charges and difficulties in obtaining loans.
Regulatory History
Regulatory history shows some past issues with debt collection practices.
Industry Context
The industry context includes payday loans, title loans, and personal loans, with a focus on timely payments.
Frequently Asked Questions About Dividend Finance INC.
How many CFPB complaints does Dividend Finance Inc. have?
Dividend Finance Inc. has 14 complaints on file with the CFPB. The most recent complaint was filed on October 21, 2022.
What is Dividend Finance Inc.'s complaint response rate?
Response rate data is not yet available for Dividend Finance Inc..
Does Dividend Finance Inc. respond to complaints on time?
Timely response data is not yet available for Dividend Finance Inc..
Is Dividend Finance Inc. safe to do business with?
Challenges with Dividend Finance Inc. Loan Products and Collection Practices Dividend Finance Inc. has 14 CFPB complaints. Risk score: 45/100.
What red flags exist for Dividend Finance Inc.?
Potential red flags for Dividend Finance Inc.: Legal actions taken or threatened. These are based on analysis of CFPB complaint patterns.
What are Dividend Finance Inc.'s strengths?
Positive indicators for Dividend Finance Inc.: Timely payment history.
What tips should consumers know about Dividend Finance Inc.?
Ensure all fees and interest are clearly disclosed before agreeing to any loan.
Are complaints against Dividend Finance Inc. increasing or decreasing?
There is a trend of increasing complaints about unexpected charges and difficulties in obtaining loans. Dividend Finance Inc. currently has 14 total complaints.
Has Dividend Finance Inc. faced regulatory action?
Regulatory history shows some past issues with debt collection practices.
How does Dividend Finance Inc. compare to industry peers?
The industry context includes payday loans, title loans, and personal loans, with a focus on timely payments.
What unique insight can be provided about the company's practices?
The company has a history of taking or threatening legal action, which can be a significant concern for consumers.
Recent Complaints Against Dividend Finance INC.
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #6734754 | Debt collection | Took or threatened to take negative or legal action | 2023-03-22T12:00:00-05:00 | Ohio | |
| #6530564 | Payday loan, title loan, or personal loan | Charged fees or interest you didn't expect | 2023-02-03T12:00:00-05:00 | Arizona | |
| #6500151 | Payday loan, title loan, or personal loan | Incorrect information on your report | 2023-01-28T12:00:00-05:00 | Florida | |
| #6468311 | Debt collection | Took or threatened to take negative or legal action | 2023-01-21T12:00:00-05:00 | Tennessee | |
| #6444963 | Payday loan, title loan, or personal loan | Charged fees or interest you didn't expect | 2023-01-16T12:00:00-05:00 | Illinois | |
| #6288261 | Payday loan, title loan, or personal loan | Problem with the payoff process at the end of the loan | 2022-12-06T12:00:00-05:00 | Tennessee | |
| #6154512 | Payday loan, title loan, or personal loan | Charged fees or interest you didn't expect | 2022-11-01T12:00:00-05:00 | Michigan | |
| #6114597 | Payday loan, title loan, or personal loan | Getting the loan | 2022-10-21T12:00:00-05:00 | Georgia | |
| #5924282 | Payday loan, title loan, or personal loan | Problem when making payments | 2022-08-27T12:00:00-05:00 | Alabama | |
| #5209217 | Payday loan, title loan, or personal loan | Getting the loan | 2022-02-10T12:00:00-05:00 | Georgia | |
| #5029964 | Payday loan, title loan, or personal loan | Getting the loan | 2021-12-21T12:00:00-05:00 | New York | |
| #4781479 | Debt collection | False statements or representation | 2021-10-05T12:00:00-05:00 | Arizona | |
| #4481996 | Payday loan, title loan, or personal loan | Problem with additional add-on products or services | 2021-06-22T12:00:00-05:00 | Texas | |
| #4474556 | Debt collection | Attempts to collect debt not owed | 2021-06-19T12:00:00-05:00 | California |
Dividend Finance INC. Complaints by State
- Dividend Finance INC. Complaints in Arizona -- 2 complaints
- Dividend Finance INC. Complaints in Tennessee -- 2 complaints
- Dividend Finance INC. Complaints in Georgia -- 2 complaints
- Dividend Finance INC. Complaints in Ohio -- 1 complaints
- Dividend Finance INC. Complaints in Florida -- 1 complaints
- Dividend Finance INC. Complaints in Illinois -- 1 complaints
- Dividend Finance INC. Complaints in Michigan -- 1 complaints
- Dividend Finance INC. Complaints in Alabama -- 1 complaints
- Dividend Finance INC. Complaints in New York -- 1 complaints
- Dividend Finance INC. Complaints in Texas -- 1 complaints
- Dividend Finance INC. Complaints in California -- 1 complaints
Dividend Finance INC. Complaints by Product
Dividend Finance INC. Complaints by Issue
- Dividend Finance INC. -- Charged fees or interest you didn't expect -- 3 complaints | All Charged fees or interest you didn't expect Complaints
- Dividend Finance INC. -- Getting the loan -- 3 complaints | All Getting the loan Complaints
- Dividend Finance INC. -- Took or threatened to take negative or legal action -- 2 complaints | All Took or threatened to take negative or legal action Complaints
- Dividend Finance INC. -- Incorrect information on your report -- 1 complaints | All Incorrect information on your report Complaints
- Dividend Finance INC. -- Problem with the payoff process at the end of the loan -- 1 complaints | All Problem with the payoff process at the end of the loan Complaints
- Dividend Finance INC. -- Problem when making payments -- 1 complaints | All Problem when making payments Complaints
- Dividend Finance INC. -- False statements or representation -- 1 complaints | All False statements or representation Complaints
- Dividend Finance INC. -- Problem with additional add-on products or services -- 1 complaints | All Problem with additional add-on products or services Complaints
- Dividend Finance INC. -- Attempts to collect debt not owed -- 1 complaints | All Attempts to collect debt not owed Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Dividend Finance INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.