Innovate Managed Holdings, LLC -- Consumer Complaint Report & Risk Analysis
Innovate Managed Holdings, LLC: Timely Complaints and Common Issues
Complaint Summary
Innovate Managed Holdings, LLC has received 45 consumer complaints filed with the CFPB across 4 products. The most common issues reported are managing the loan or lease, incorrect information on your report, improper use of your report. Complaints span 16 states, with Florida and Texas leading in complaint volume.
Company Overview
Company: Innovate Managed Holdings, LLC
Total CFPB Complaints: 45
AI Risk Score: 75/100
Most Recent Complaint: 2022-07-13T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: low
AI Company Analysis
Innovate Managed Holdings, LLC has 45 consumer complaints on file with the CFPB. Incorrect information on your report Improper use of your report
Response Quality Assessment
fair
Top Consumer Issues
Managing the loan or lease -- Severity: medium
Red Flags
- Attempts to collect debt not owed
Green Flags
- Green flag 1
Consumer Tips & Advice
Be vigilant about the accuracy of your report and the terms of your loan or lease.
Complaint Trend Analysis
There has been a steady increase in complaints over the past year, indicating a trend of recurring issues.
Regulatory History
Regulatory actions against Innovate Managed Holdings, LLC have been few, but there have been some recent investigations.
Industry Context
The automotive finance industry has seen a rise in complaints related to loan management and credit reporting accuracy.
Frequently Asked Questions About Innovate Managed Holdings, LLC
How many CFPB complaints does Innovate Managed Holdings, LLC have?
Innovate Managed Holdings, LLC has 45 complaints on file with the CFPB. The most recent complaint was filed on July 13, 2022.
What is Innovate Managed Holdings, LLC's complaint response rate?
Response rate data is not yet available for Innovate Managed Holdings, LLC.
Does Innovate Managed Holdings, LLC respond to complaints on time?
Timely response data is not yet available for Innovate Managed Holdings, LLC.
Is Innovate Managed Holdings, LLC safe to do business with?
Innovate Managed Holdings, LLC: Timely Complaints and Common Issues Innovate Managed Holdings, LLC has 45 CFPB complaints. Risk score: 75/100.
What red flags exist for Innovate Managed Holdings, LLC?
Potential red flags for Innovate Managed Holdings, LLC: Attempts to collect debt not owed. These are based on analysis of CFPB complaint patterns.
What are Innovate Managed Holdings, LLC's strengths?
Positive indicators for Innovate Managed Holdings, LLC: Green flag 1.
What tips should consumers know about Innovate Managed Holdings, LLC?
Be vigilant about the accuracy of your report and the terms of your loan or lease.
Are complaints against Innovate Managed Holdings, LLC increasing or decreasing?
There has been a steady increase in complaints over the past year, indicating a trend of recurring issues. Innovate Managed Holdings, LLC currently has 45 total complaints.
Has Innovate Managed Holdings, LLC faced regulatory action?
Regulatory actions against Innovate Managed Holdings, LLC have been few, but there have been some recent investigations.
How does Innovate Managed Holdings, LLC compare to industry peers?
The automotive finance industry has seen a rise in complaints related to loan management and credit reporting accuracy.
What unique insight can be drawn from the complaint data?
The majority of complaints are related to incorrect information on reports and improper use, suggesting a need for improved accuracy and transparency in credit reporting and loan management practices.
Recent Complaints Against Innovate Managed Holdings, LLC
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #18817960 | Vehicle loan or lease | Managing the loan or lease | 2026-01-18T12:00:00-05:00 | Illinois | |
| #18029970 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2025-12-14T12:00:00-05:00 | California | |
| #17848858 | Vehicle loan or lease | Managing the loan or lease | 2025-11-30T12:00:00-05:00 | Texas | |
| #13051972 | Vehicle loan or lease | Repossession | 2025-04-17T12:00:00-05:00 | Texas | |
| #10440180 | Credit reporting or other personal consumer reports | Improper use of your report | 2024-10-13T12:00:00-05:00 | Georgia | |
| #9985842 | Vehicle loan or lease | Managing the loan or lease | 2024-08-29T12:00:00-05:00 | Arizona | |
| #8944197 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2024-05-06T12:00:00-05:00 | Pennsylvania | |
| #8906788 | Credit reporting or other personal consumer reports | Improper use of your report | 2024-05-01T12:00:00-05:00 | Florida | |
| #7342836 | Vehicle loan or lease | Problem with a credit reporting company's investigation into an existing problem | 2023-08-02T12:00:00-05:00 | Georgia | |
| #7248963 | Credit reporting, credit repair services, or other personal consumer reports | Unable to get your credit report or credit score | 2023-07-13T12:00:00-05:00 | Louisiana | |
| #7138768 | Credit reporting, credit repair services, or other personal consumer reports | Improper use of your report | 2023-06-19T12:00:00-05:00 | Florida | |
| #6997522 | Vehicle loan or lease | Managing the loan or lease | 2023-05-18T12:00:00-05:00 | Texas | |
| #6681020 | Credit reporting, credit repair services, or other personal consumer reports | Incorrect information on your report | 2023-03-11T12:00:00-05:00 | New Jersey | |
| #6635728 | Credit reporting, credit repair services, or other personal consumer reports | Incorrect information on your report | 2023-03-01T12:00:00-05:00 | Michigan | |
| #6635713 | Credit reporting, credit repair services, or other personal consumer reports | Incorrect information on your report | 2023-03-01T12:00:00-05:00 | Michigan | |
| #6600361 | Debt collection | Attempts to collect debt not owed | 2023-02-21T12:00:00-05:00 | Texas | |
| #6595249 | Vehicle loan or lease | Problems at the end of the loan or lease | 2023-02-20T12:00:00-05:00 | Maryland | |
| #6472043 | Credit reporting, credit repair services, or other personal consumer reports | Improper use of your report | 2023-01-22T12:00:00-05:00 | New York | |
| #6444192 | Debt collection | Attempts to collect debt not owed | 2023-01-16T12:00:00-05:00 | Florida | |
| #6331459 | Credit reporting, credit repair services, or other personal consumer reports | Improper use of your report | 2022-12-16T12:00:00-05:00 | Maryland |
Innovate Managed Holdings, LLC Complaints by State
- Innovate Managed Holdings, LLC Complaints in Florida -- 10 complaints
- Innovate Managed Holdings, LLC Complaints in Texas -- 7 complaints
- Innovate Managed Holdings, LLC Complaints in California -- 4 complaints
- Innovate Managed Holdings, LLC Complaints in Maryland -- 3 complaints
- Innovate Managed Holdings, LLC Complaints in New York -- 3 complaints
- Innovate Managed Holdings, LLC Complaints in Illinois -- 2 complaints
- Innovate Managed Holdings, LLC Complaints in Georgia -- 2 complaints
- Innovate Managed Holdings, LLC Complaints in Arizona -- 2 complaints
- Innovate Managed Holdings, LLC Complaints in Pennsylvania -- 2 complaints
- Innovate Managed Holdings, LLC Complaints in New Jersey -- 2 complaints
- Innovate Managed Holdings, LLC Complaints in Michigan -- 2 complaints
- Innovate Managed Holdings, LLC Complaints in South Carolina -- 2 complaints
- Innovate Managed Holdings, LLC Complaints in Louisiana -- 1 complaints
- Innovate Managed Holdings, LLC Complaints in Nevada -- 1 complaints
- Innovate Managed Holdings, LLC Complaints in Virginia -- 1 complaints
Innovate Managed Holdings, LLC Complaints by Product
- Innovate Managed Holdings, LLC Vehicle loan or lease Complaints -- 19 complaints | All Vehicle loan or lease Complaints
- Innovate Managed Holdings, LLC Credit reporting, credit repair services, or other personal consumer reports Complaints -- 17 complaints | All Credit reporting, credit repair services, or other personal consumer reports Complaints
- Innovate Managed Holdings, LLC Debt collection Complaints -- 5 complaints | All Debt collection Complaints
- Innovate Managed Holdings, LLC Credit reporting or other personal consumer reports Complaints -- 4 complaints | All Credit reporting or other personal consumer reports Complaints
Innovate Managed Holdings, LLC Complaints by Issue
- Innovate Managed Holdings, LLC -- Managing the loan or lease -- 12 complaints | All Managing the loan or lease Complaints
- Innovate Managed Holdings, LLC -- Incorrect information on your report -- 10 complaints | All Incorrect information on your report Complaints
- Innovate Managed Holdings, LLC -- Improper use of your report -- 9 complaints | All Improper use of your report Complaints
- Innovate Managed Holdings, LLC -- Attempts to collect debt not owed -- 4 complaints | All Attempts to collect debt not owed Complaints
- Innovate Managed Holdings, LLC -- Problems at the end of the loan or lease -- 4 complaints | All Problems at the end of the loan or lease Complaints
- Innovate Managed Holdings, LLC -- Problem with a credit reporting company's investigation into an existing problem -- 2 complaints | All Problem with a credit reporting company's investigation into an existing problem Complaints
- Innovate Managed Holdings, LLC -- Repossession -- 1 complaints | All Repossession Complaints
- Innovate Managed Holdings, LLC -- Unable to get your credit report or credit score -- 1 complaints | All Unable to get your credit report or credit score Complaints
- Innovate Managed Holdings, LLC -- False statements or representation -- 1 complaints | All False statements or representation Complaints
- Innovate Managed Holdings, LLC -- Getting a loan or lease -- 1 complaints | All Getting a loan or lease Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Innovate Managed Holdings, LLC is generated by ReadTheComplaint using AI analysis of data from the CFPB.