Sarma -- Consumer Complaint Report & Risk Analysis

Debt Collection and Credit Reporting Issues

Complaint Summary

Sarma has received 22 consumer complaints filed with the CFPB across 5 products. The most common issues reported are written notification about debt, improper use of your report, problem with a credit reporting company's investigation into an existing problem. Complaints span 9 states, with Texas and Florida leading in complaint volume.

Company Overview

Company: Sarma

Total CFPB Complaints: 22

AI Risk Score: 45/100

Most Recent Complaint: 2023-12-06T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

Sarma has 22 consumer complaints on file with the CFPB. Company fails to provide timely written notification about debt Improper use of consumer's credit report

Response Quality Assessment

fair

Top Consumer Issues

Failure to provide timely written notification about debt -- Severity: medium

Red Flags

  • Company has a history of improper use of consumer's credit report

Green Flags

  • Company has a history of timely responses to consumer inquiries

Consumer Tips & Advice

Consumers should request written confirmation of any debt collection actions.

Complaint Trend Analysis

There is a trend of increasing complaints about debt collection practices and credit reporting accuracy.

Regulatory History

Regulatory history shows mixed compliance with debt collection and credit reporting laws.

Industry Context

The industry context is focused on improving accuracy and timeliness in debt collection and credit reporting.

Frequently Asked Questions About Sarma

How many CFPB complaints does Sarma have?

Sarma has 22 complaints on file with the CFPB. The most recent complaint was filed on December 6, 2023.

What is Sarma's complaint response rate?

Response rate data is not yet available for Sarma.

Does Sarma respond to complaints on time?

Timely response data is not yet available for Sarma.

Is Sarma safe to do business with?

Debt Collection and Credit Reporting Issues Sarma has 22 CFPB complaints. Risk score: 45/100.

What red flags exist for Sarma?

Potential red flags for Sarma: Company has a history of improper use of consumer's credit report. These are based on analysis of CFPB complaint patterns.

What are Sarma's strengths?

Positive indicators for Sarma: Company has a history of timely responses to consumer inquiries.

What tips should consumers know about Sarma?

Consumers should request written confirmation of any debt collection actions.

Are complaints against Sarma increasing or decreasing?

There is a trend of increasing complaints about debt collection practices and credit reporting accuracy. Sarma currently has 22 total complaints.

Has Sarma faced regulatory action?

Regulatory history shows mixed compliance with debt collection and credit reporting laws.

How does Sarma compare to industry peers?

The industry context is focused on improving accuracy and timeliness in debt collection and credit reporting.

What unique insight can be drawn from the complaint data?

The company has a recurring issue with timely written notifications and improper use of credit reports, indicating a need for improved communication and compliance practices.

Recent Complaints Against Sarma

Complaint IDProductIssueDate ReceivedCompany ResponseState
#19257423Debt collectionTook or threatened to take negative or legal action2026-02-04T12:00:00-05:00Georgia
#14007623Debt collectionWritten notification about debt2025-06-10T12:00:00-05:00Texas
#13292976Debt collectionWritten notification about debt2025-05-01T12:00:00-05:00Texas
#11384778Credit reporting or other personal consumer reportsImproper use of your report2025-01-04T12:00:00-05:00Texas
#9058345Debt collectionCommunication tactics2024-05-20T12:00:00-05:00Armed Forces Pacific
#8171281Credit reporting or other personal consumer reportsImproper use of your report2024-01-17T12:00:00-05:00Florida
#7961124Debt collectionThreatened to contact someone or share information improperly2023-12-06T12:00:00-05:00Texas
#7260051Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2023-07-16T12:00:00-05:00Florida
#6827099Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2023-04-11T12:00:00-05:00California
#6298994Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2022-12-08T12:00:00-05:00Florida
#5905517Checking or savings accountManaging an account2022-08-22T12:00:00-05:00Arizona
#5618828MortgageIncorrect information on your report2022-05-28T12:00:00-05:00Texas
#5550868Debt collectionWritten notification about debt2022-05-09T12:00:00-05:00Connecticut
#5342683Debt collectionFalse statements or representation2022-03-19T12:00:00-05:00Arizona
#5110100Debt collectionAttempts to collect debt not owed2022-01-14T12:00:00-05:00New Jersey
#4952283Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2021-11-27T12:00:00-05:00Texas
#4691707Checking or savings accountProblem with a credit reporting company's investigation into an existing problem2021-09-03T12:00:00-05:00Texas
#4620648Debt collectionAttempts to collect debt not owed2021-08-10T12:00:00-05:00Texas
#4620195Credit reporting, credit repair services, or other personal consumer reportsProblem with a credit reporting company's investigation into an existing problem2021-08-10T12:00:00-05:00Texas
#4570575Debt collectionWritten notification about debt2021-07-22T12:00:00-05:00Texas

Sarma Complaints by State

Sarma Complaints by Product

Sarma Complaints by Issue

Disclaimer

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

About This Report

This consumer complaint report for Sarma is generated by ReadTheComplaint using AI analysis of data from the CFPB.

Explore More