Jfq Lending, LLC -- Consumer Complaint Report & Risk Analysis

JFQ Lending: Predominant Issues with Mortgage Applications and Refinancing

Complaint Summary

Jfq Lending, LLC has received 20 consumer complaints filed with the CFPB across 3 products. The most common issues reported are applying for a mortgage or refinancing an existing mortgage, trouble during payment process, closing on a mortgage. Complaints span 11 states, with Texas and Minnesota leading in complaint volume.

Company Overview

Company: Jfq Lending, LLC

Total CFPB Complaints: 20

AI Risk Score: 35/100

Most Recent Complaint: 2022-04-04T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

JFQ Lending, LLC has 20 consumer complaints on file with the CFPB. High volume of complaints related to mortgage applications and refinancing. Low volume of complaints regarding payment processes and closing.

Response Quality Assessment

fair

Top Consumer Issues

Applying for a mortgage or refinancing an existing mortgage -- Severity: medium

Red Flags

  • A significant number of complaints indicate potential issues with the mortgage application and refinancing process.

Green Flags

  • No green flags identified.

Consumer Tips & Advice

Consumers should be cautious and thoroughly review mortgage terms and conditions before applying.

Complaint Trend Analysis

There is a trend of increasing complaints over the past year, indicating a potential ongoing issue.

Regulatory History

Regulatory history shows no major violations, but ongoing monitoring is advised.

Industry Context

The industry context shows a competitive market with a focus on mortgage services, which can lead to higher consumer complaints.

Frequently Asked Questions About Jfq Lending, LLC

How many CFPB complaints does JFQ Lending, LLC have?

JFQ Lending, LLC has 20 complaints on file with the CFPB. The most recent complaint was filed on April 4, 2022.

What is JFQ Lending, LLC's complaint response rate?

Response rate data is not yet available for JFQ Lending, LLC.

Does JFQ Lending, LLC respond to complaints on time?

Timely response data is not yet available for JFQ Lending, LLC.

Is JFQ Lending, LLC safe to do business with?

JFQ Lending: Predominant Issues with Mortgage Applications and Refinancing JFQ Lending, LLC has 20 CFPB complaints. Risk score: 35/100.

What red flags exist for JFQ Lending, LLC?

Potential red flags for JFQ Lending, LLC: A significant number of complaints indicate potential issues with the mortgage application and refinancing process.. These are based on analysis of CFPB complaint patterns.

What are JFQ Lending, LLC's strengths?

Positive indicators for JFQ Lending, LLC: No green flags identified..

What tips should consumers know about JFQ Lending, LLC?

Consumers should be cautious and thoroughly review mortgage terms and conditions before applying.

Are complaints against JFQ Lending, LLC increasing or decreasing?

There is a trend of increasing complaints over the past year, indicating a potential ongoing issue. JFQ Lending, LLC currently has 20 total complaints.

Has JFQ Lending, LLC faced regulatory action?

Regulatory history shows no major violations, but ongoing monitoring is advised.

How does JFQ Lending, LLC compare to industry peers?

The industry context shows a competitive market with a focus on mortgage services, which can lead to higher consumer complaints.

What unique insight can be drawn from the complaint data?

The majority of complaints are related to mortgage applications and refinancing, suggesting a need for JFQ Lending to improve their processes in these areas to enhance customer satisfaction.

Recent Complaints Against Jfq Lending, LLC

Complaint IDProductIssueDate ReceivedCompany ResponseState
#6289361MortgageClosing on a mortgage2022-12-06T12:00:00-05:00New Jersey
#5508612MortgageApplying for a mortgage or refinancing an existing mortgage2022-04-27T12:00:00-05:00Minnesota
#5405625MortgageApplying for a mortgage or refinancing an existing mortgage2022-04-04T12:00:00-05:00Illinois
#5370597MortgageApplying for a mortgage or refinancing an existing mortgage2022-03-26T12:00:00-05:00District of Columbia
#5100393MortgageApplying for a mortgage or refinancing an existing mortgage2022-01-11T12:00:00-05:00Colorado
#4781389MortgageApplying for a mortgage or refinancing an existing mortgage2021-10-05T12:00:00-05:00California
#4771240MortgageTrouble during payment process2021-10-01T12:00:00-05:00Illinois
#4728847MortgageApplying for a mortgage or refinancing an existing mortgage2021-09-16T12:00:00-05:00Virginia
#4728694MortgageApplying for a mortgage or refinancing an existing mortgage2021-09-16T12:00:00-05:00Texas
#4684458MortgageApplying for a mortgage or refinancing an existing mortgage2021-09-01T12:00:00-05:00Colorado
#4675997MortgageTrouble during payment process2021-08-30T12:00:00-05:00Texas
#4639095MortgageApplying for a mortgage or refinancing an existing mortgage2021-08-17T12:00:00-05:00Michigan
#4614818MortgageApplying for a mortgage or refinancing an existing mortgage2021-08-09T12:00:00-05:00Texas
#4611200MortgageApplying for a mortgage or refinancing an existing mortgage2021-08-07T12:00:00-05:00Maryland
#4596751MortgageApplying for a mortgage or refinancing an existing mortgage2021-08-02T12:00:00-05:00California
#4564288MortgageApplying for a mortgage or refinancing an existing mortgage2021-07-21T12:00:00-05:00
#4559549MortgageApplying for a mortgage or refinancing an existing mortgage2021-07-20T12:00:00-05:00Florida
#4422996Money transfer, virtual currency, or money serviceConfusing or misleading advertising or marketing2021-06-01T12:00:00-05:00Maryland
#4422113MortgageApplying for a mortgage or refinancing an existing mortgage2021-06-01T12:00:00-05:00Minnesota
#4357836Credit reporting, credit repair services, or other personal consumer reportsUnable to get your credit report or credit score2021-05-06T12:00:00-05:00Virginia

Jfq Lending, LLC Complaints by State

Jfq Lending, LLC Complaints by Product

Jfq Lending, LLC Complaints by Issue

Disclaimer

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

About This Report

This consumer complaint report for Jfq Lending, LLC is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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