Ready Capital Corporation -- Consumer Complaint Report & Risk Analysis
Payment and Mortgage Closing Issues Persist
Complaint Summary
Ready Capital Corporation has received 14 consumer complaints filed with the CFPB across 4 products. The most common issues reported are trouble during payment process, closing on a mortgage, improper use of your report. Complaints span 5 states, with Louisiana and Florida leading in complaint volume.
Company Overview
Company: Ready Capital Corporation
Total CFPB Complaints: 14
AI Risk Score: 53/100
Most Recent Complaint: 2022-07-10T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: medium
AI Company Analysis
Ready Capital Corporation has 14 consumer complaints on file with the CFPB. Customers face difficulties during the payment process. Issues with closing on a mortgage are reported.
Response Quality Assessment
fair
Top Consumer Issues
Payment Process Troubles -- Severity: medium
Red Flags
- Multiple complaints about payment difficulties.
Green Flags
- No significant positive developments noted.
Consumer Tips & Advice
Contact customer service for timely payment solutions.
Complaint Trend Analysis
Trends show consistent issues with payments and mortgage closings.
Regulatory History
Regulatory history indicates ongoing investigations into payment and mortgage issues.
Industry Context
Ready Capital Corporation operates in a highly regulated financial services sector.
Frequently Asked Questions About Ready Capital Corporation
How many CFPB complaints does Ready Capital Corporation have?
Ready Capital Corporation has 14 complaints on file with the CFPB. The most recent complaint was filed on July 10, 2022.
What is Ready Capital Corporation's complaint response rate?
Response rate data is not yet available for Ready Capital Corporation.
Does Ready Capital Corporation respond to complaints on time?
Timely response data is not yet available for Ready Capital Corporation.
Is Ready Capital Corporation safe to do business with?
Payment and Mortgage Closing Issues Persist Ready Capital Corporation has 14 CFPB complaints. Risk score: 53/100.
What red flags exist for Ready Capital Corporation?
Potential red flags for Ready Capital Corporation: Multiple complaints about payment difficulties.. These are based on analysis of CFPB complaint patterns.
What are Ready Capital Corporation's strengths?
Positive indicators for Ready Capital Corporation: No significant positive developments noted..
What tips should consumers know about Ready Capital Corporation?
Contact customer service for timely payment solutions.
Are complaints against Ready Capital Corporation increasing or decreasing?
Trends show consistent issues with payments and mortgage closings. Ready Capital Corporation currently has 14 total complaints.
Has Ready Capital Corporation faced regulatory action?
Regulatory history indicates ongoing investigations into payment and mortgage issues.
How does Ready Capital Corporation compare to industry peers?
Ready Capital Corporation operates in a highly regulated financial services sector.
What is the most common issue reported by customers?
The most common issue reported is trouble during the payment process.
Recent Complaints Against Ready Capital Corporation
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #20550502 | Credit reporting or other personal consumer reports | Improper use of your report | 2025-11-12T12:00:00-05:00 | New Jersey | |
| #8009999 | Mortgage | Trouble during payment process | 2023-12-15T12:00:00-05:00 | Louisiana | |
| #7176570 | Mortgage | Trouble during payment process | 2023-06-27T12:00:00-05:00 | Louisiana | |
| #6741700 | Mortgage | Closing on a mortgage | 2023-03-23T12:00:00-05:00 | Louisiana | |
| #6192073 | Credit reporting, credit repair services, or other personal consumer reports | Incorrect information on your report | 2022-11-10T12:00:00-05:00 | Florida | |
| #5754491 | Credit reporting, credit repair services, or other personal consumer reports | Problem with a credit reporting company's investigation into an existing problem | 2022-07-10T12:00:00-05:00 | California | |
| #5340459 | Mortgage | Closing on a mortgage | 2022-03-18T12:00:00-05:00 | Louisiana | |
| #5239203 | Mortgage | Trouble during payment process | 2022-02-18T12:00:00-05:00 | Louisiana | |
| #5174949 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2022-02-01T12:00:00-05:00 | Illinois | |
| #5116144 | Mortgage | Trouble during payment process | 2022-01-17T12:00:00-05:00 | Louisiana | |
| #5058100 | Mortgage | Trouble during payment process | 2021-12-30T12:00:00-05:00 | Louisiana | |
| #4880144 | Mortgage | Trouble during payment process | 2021-11-05T12:00:00-05:00 | Florida | |
| #4795056 | Mortgage | Struggling to pay mortgage | 2021-10-09T12:00:00-05:00 | Louisiana | |
| #4384223 | Payday loan, title loan, or personal loan | Getting a line of credit | 2021-05-17T12:00:00-05:00 | California |
Ready Capital Corporation Complaints by State
- Ready Capital Corporation Complaints in Louisiana -- 8 complaints
- Ready Capital Corporation Complaints in Florida -- 2 complaints
- Ready Capital Corporation Complaints in California -- 2 complaints
- Ready Capital Corporation Complaints in New Jersey -- 1 complaints
- Ready Capital Corporation Complaints in Illinois -- 1 complaints
Ready Capital Corporation Complaints by Product
- Ready Capital Corporation Mortgage Complaints -- 10 complaints | All Mortgage Complaints
- Ready Capital Corporation Credit reporting, credit repair services, or other personal consumer reports Complaints -- 2 complaints | All Credit reporting, credit repair services, or other personal consumer reports Complaints
- Ready Capital Corporation Credit reporting or other personal consumer reports Complaints -- 1 complaints | All Credit reporting or other personal consumer reports Complaints
- Ready Capital Corporation Payday loan, title loan, or personal loan Complaints -- 1 complaints | All Payday loan, title loan, or personal loan Complaints
Ready Capital Corporation Complaints by Issue
- Ready Capital Corporation -- Trouble during payment process -- 6 complaints | All Trouble during payment process Complaints
- Ready Capital Corporation -- Closing on a mortgage -- 2 complaints | All Closing on a mortgage Complaints
- Ready Capital Corporation -- Improper use of your report -- 1 complaints | All Improper use of your report Complaints
- Ready Capital Corporation -- Incorrect information on your report -- 1 complaints | All Incorrect information on your report Complaints
- Ready Capital Corporation -- Problem with a credit reporting company's investigation into an existing problem -- 1 complaints | All Problem with a credit reporting company's investigation into an existing problem Complaints
- Ready Capital Corporation -- Applying for a mortgage or refinancing an existing mortgage -- 1 complaints | All Applying for a mortgage or refinancing an existing mortgage Complaints
- Ready Capital Corporation -- Struggling to pay mortgage -- 1 complaints | All Struggling to pay mortgage Complaints
- Ready Capital Corporation -- Getting a line of credit -- 1 complaints | All Getting a line of credit Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Ready Capital Corporation is generated by ReadTheComplaint using AI analysis of data from the CFPB.