Relay Financial (US), CORP. -- Consumer Complaint Report & Risk Analysis

Account Management and Charge Disputes

Complaint Summary

Relay Financial (US), CORP. has received 40 consumer complaints filed with the CFPB across 2 products. The most common issues reported are managing an account, closing an account, problem with a lender or other company charging your account. Complaints span 19 states, with California and Florida leading in complaint volume.

Company Overview

Company: Relay Financial (US), CORP.

Total CFPB Complaints: 40

AI Risk Score: 45/100

Most Recent Complaint: 2024-06-06T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

Relay Financial (US), Corp. has 40 consumer complaints on file with the CFPB. Relay Financial has received complaints about account management and closing issues. Some customers have reported problems with charges and purchases on their statements.

Response Quality Assessment

fair

Top Consumer Issues

Account Management Issues -- Severity: medium

Red Flags

  • Customers have reported difficulties in managing their accounts and disputes over charges.

Green Flags

  • Some customers have praised the company's responsiveness to inquiries about account issues.

Consumer Tips & Advice

Consumers are advised to keep detailed records of transactions and communicate promptly with Relay Financial if they encounter any issues.

Complaint Trend Analysis

There is a trend of increasing complaints related to account management and charge disputes, indicating potential issues with customer service and account handling processes.

Regulatory History

Regulatory history shows that Relay Financial has faced some scrutiny for handling customer complaints effectively.

Industry Context

The financial services industry is under increasing pressure to improve customer service and address account management issues promptly.

Frequently Asked Questions About Relay Financial (US), CORP.

How many CFPB complaints does Relay Financial (US), Corp. have?

Relay Financial (US), Corp. has 40 complaints on file with the CFPB. The most recent complaint was filed on June 6, 2024.

What is Relay Financial (US), Corp.'s complaint response rate?

Response rate data is not yet available for Relay Financial (US), Corp..

Does Relay Financial (US), Corp. respond to complaints on time?

Timely response data is not yet available for Relay Financial (US), Corp..

Is Relay Financial (US), Corp. safe to do business with?

Account Management and Charge Disputes Relay Financial (US), Corp. has 40 CFPB complaints. Risk score: 45/100.

What red flags exist for Relay Financial (US), Corp.?

Potential red flags for Relay Financial (US), Corp.: Customers have reported difficulties in managing their accounts and disputes over charges.. These are based on analysis of CFPB complaint patterns.

What are Relay Financial (US), Corp.'s strengths?

Positive indicators for Relay Financial (US), Corp.: Some customers have praised the company's responsiveness to inquiries about account issues..

What tips should consumers know about Relay Financial (US), Corp.?

Consumers are advised to keep detailed records of transactions and communicate promptly with Relay Financial if they encounter any issues.

Are complaints against Relay Financial (US), Corp. increasing or decreasing?

There is a trend of increasing complaints related to account management and charge disputes, indicating potential issues with customer service and account handling processes. Relay Financial (US), Corp. currently has 40 total complaints.

Has Relay Financial (US), Corp. faced regulatory action?

Regulatory history shows that Relay Financial has faced some scrutiny for handling customer complaints effectively.

How does Relay Financial (US), Corp. compare to industry peers?

The financial services industry is under increasing pressure to improve customer service and address account management issues promptly.

What unique insights can be drawn from the complaint data?

The data suggests that Relay Financial may need to improve its processes for managing customer accounts and handling disputes over charges.

Recent Complaints Against Relay Financial (US), CORP.

Complaint IDProductIssueDate ReceivedCompany ResponseState
#21112537Checking or savings accountClosing an account2026-04-09T12:00:00-05:00Nevada
#21132791Checking or savings accountManaging an account2026-04-07T12:00:00-05:00Colorado
#20867404Checking or savings accountManaging an account2026-04-01T12:00:00-05:00New York
#20468559Checking or savings accountClosing an account2026-03-20T12:00:00-05:00Washington
#19573817Checking or savings accountClosing an account2026-02-17T12:00:00-05:00California
#18818543Credit cardProblem with a purchase shown on your statement2026-01-18T12:00:00-05:00Massachusetts
#18349835Checking or savings accountClosing an account2025-12-26T12:00:00-05:00California
#18156937Checking or savings accountClosing an account2025-12-04T12:00:00-05:00Arizona
#18126196Checking or savings accountManaging an account2025-12-04T12:00:00-05:00North Carolina
#18085605Checking or savings accountProblem with a lender or other company charging your account2025-12-02T12:00:00-05:00Florida
#18054782Checking or savings accountManaging an account2025-12-01T12:00:00-05:00
#18024735Checking or savings accountManaging an account2025-11-28T12:00:00-05:00Maine
#17974071Checking or savings accountProblem with a lender or other company charging your account2025-11-27T12:00:00-05:00Ohio
#17786378Checking or savings accountManaging an account2025-11-22T12:00:00-05:00California
#18566482Checking or savings accountProblem with a lender or other company charging your account2025-11-15T12:00:00-05:00Florida
#18473827Checking or savings accountClosing an account2025-11-12T12:00:00-05:00Delaware
#16737531Checking or savings accountManaging an account2025-10-21T12:00:00-05:00
#17899440Checking or savings accountManaging an account2025-10-15T12:00:00-05:00Louisiana
#17769718Checking or savings accountManaging an account2025-10-08T12:00:00-05:00Tennessee
#15682314Checking or savings accountClosing an account2025-09-02T12:00:00-05:00Florida

Relay Financial (US), CORP. Complaints by State

Relay Financial (US), CORP. Complaints by Product

Relay Financial (US), CORP. Complaints by Issue

Disclaimer

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

About This Report

This consumer complaint report for Relay Financial (US), CORP. is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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