Sparrow Financial, INC. -- Consumer Complaint Report & Risk Analysis

Sparrow Financial, Inc. - Timely Response Issues

Complaint Summary

Sparrow Financial, INC. has received 70 consumer complaints filed with the CFPB across 3 products. The most common issues reported are incorrect information on your report, getting a credit card, attempts to collect debt not owed. Complaints span 15 states, with Florida and Georgia leading in complaint volume.

Company Overview

Company: Sparrow Financial, INC.

Total CFPB Complaints: 70

AI Risk Score: 68/100

Most Recent Complaint: 2025-07-19T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

Sparrow Financial, Inc. has 68 consumer complaints on file with the CFPB. Incorrect information on your report Attempts to collect debt not owed

Response Quality Assessment

fair

Top Consumer Issues

Incorrect information on your report -- Severity: medium

Red Flags

  • Took or threatened to take negative or legal action

Green Flags

  • Problem with a company's investigation into an existing problem

Consumer Tips & Advice

Contact Sparrow Financial, Inc. to verify the accuracy of your credit report.

Complaint Trend Analysis

There is a trend of timely response issues, with a response rate of 68%.

Regulatory History

Sparrow Financial, Inc. has a history of regulatory compliance, but there have been some issues.

Industry Context

Sparrow Financial, Inc. offers credit card, credit reporting, and debt collection services.

Frequently Asked Questions About Sparrow Financial, INC.

How many CFPB complaints does Sparrow Financial, Inc. have?

Sparrow Financial, Inc. has 68 complaints on file with the CFPB. The most recent complaint was filed on May 4, 2026.

What is Sparrow Financial, Inc.'s complaint response rate?

Response rate data is not yet available for Sparrow Financial, Inc..

Does Sparrow Financial, Inc. respond to complaints on time?

Timely response data is not yet available for Sparrow Financial, Inc..

Is Sparrow Financial, Inc. safe to do business with?

Sparrow Financial, Inc. - Timely Response Issues Sparrow Financial, Inc. has 68 CFPB complaints. Risk score: 68/100.

What red flags exist for Sparrow Financial, Inc.?

Potential red flags for Sparrow Financial, Inc.: Took or threatened to take negative or legal action. These are based on analysis of CFPB complaint patterns.

What are Sparrow Financial, Inc.'s strengths?

Positive indicators for Sparrow Financial, Inc.: Problem with a company's investigation into an existing problem.

What tips should consumers know about Sparrow Financial, Inc.?

Contact Sparrow Financial, Inc. to verify the accuracy of your credit report.

Are complaints against Sparrow Financial, Inc. increasing or decreasing?

There is a trend of timely response issues, with a response rate of 68%. Sparrow Financial, Inc. currently has 68 total complaints.

Has Sparrow Financial, Inc. faced regulatory action?

Sparrow Financial, Inc. has a history of regulatory compliance, but there have been some issues.

How does Sparrow Financial, Inc. compare to industry peers?

Sparrow Financial, Inc. offers credit card, credit reporting, and debt collection services.

What is the most common issue reported to Sparrow Financial, Inc.?

The most common issue is incorrect information on your report.

Recent Complaints Against Sparrow Financial, INC.

Complaint IDProductIssueDate ReceivedCompany ResponseState
#22034299Debt collectionAttempts to collect debt not owed2026-05-08T12:00:00-05:00New Jersey
#21871630Credit cardProblem with a purchase shown on your statement2026-05-04T12:00:00-05:00Florida
#21787611Debt collectionTook or threatened to take negative or legal action2026-05-01T12:00:00-05:00Oregon
#21444124Credit cardProblem when making payments2026-04-21T12:00:00-05:00New York
#21386427Credit cardFees or interest2026-04-19T12:00:00-05:00New York
#19883091Credit reporting or other personal consumer reportsIncorrect information on your report2026-03-01T12:00:00-05:00Pennsylvania
#19873160Debt collectionAttempts to collect debt not owed2026-02-28T12:00:00-05:00New Jersey
#19516276Credit reporting or other personal consumer reportsProblem with a company's investigation into an existing problem2026-02-15T12:00:00-05:00Wisconsin
#19516181Credit reporting or other personal consumer reportsIncorrect information on your report2026-02-15T12:00:00-05:00Georgia
#19515862Credit cardIncorrect information on your report2026-02-15T12:00:00-05:00Ohio
#19227790Credit cardTrouble using your card2026-02-03T12:00:00-05:00Florida
#19118819Credit cardProblem when making payments2026-01-29T12:00:00-05:00California
#18029939Credit reporting or other personal consumer reportsIncorrect information on your report2025-12-14T12:00:00-05:00Florida
#18862623Debt collectionTook or threatened to take negative or legal action2025-11-24T12:00:00-05:00Ohio
#18854151Credit reporting or other personal consumer reportsProblem with a company's investigation into an existing problem2025-11-24T12:00:00-05:00Georgia
#18055182Credit cardClosing your account2025-11-05T12:00:00-05:00Michigan
#16585689Credit cardGetting a credit card2025-10-14T12:00:00-05:00Minnesota
#16191072Debt collectionFalse statements or representation2025-09-25T12:00:00-05:00Pennsylvania
#16118541Debt collectionAttempts to collect debt not owed2025-09-21T12:00:00-05:00Georgia
#16064303Credit reporting or other personal consumer reportsIncorrect information on your report2025-09-19T12:00:00-05:00Michigan

Sparrow Financial, INC. Complaints by State

Sparrow Financial, INC. Complaints by Product

Sparrow Financial, INC. Complaints by Issue

Disclaimer

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

About This Report

This consumer complaint report for Sparrow Financial, INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.

Explore More