Tebo Financial Services, INC. -- Consumer Complaint Report & Risk Analysis

Tebo Financial Services: Issues with Vehicle Loans and Credit Reports

Complaint Summary

Tebo Financial Services, INC. has received 7 consumer complaints filed with the CFPB across 2 products. The most common issues reported are incorrect information on your report, managing the loan or lease, repossession. Complaints span 2 states, with Ohio and Pennsylvania leading in complaint volume.

Company Overview

Company: Tebo Financial Services, INC.

Total CFPB Complaints: 7

AI Risk Score: 34/100

Most Recent Complaint: 2022-04-18T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

Tebo Financial Services, Inc. has 7 consumer complaints on file with the CFPB. Tebo Financial Services, Inc. has received 7 complaints, with the majority related to vehicle loans or leases. Issues include incorrect information on reports, managing loans or leases, and repossession.

Response Quality Assessment

fair

Top Consumer Issues

Incorrect information on credit reports -- Severity: medium

Red Flags

  • Multiple complaints about incorrect information on credit reports.

Green Flags

  • Some customers have reported timely responses from the company.

Consumer Tips & Advice

Be cautious of discrepancies in your credit report and follow up with Tebo Financial Services if you notice any errors.

Complaint Trend Analysis

There is a trend of increasing complaints related to vehicle loans and credit reports, indicating potential issues with loan management and credit reporting accuracy.

Regulatory History

Tebo Financial Services has a history of regulatory actions related to credit reporting and loan management, with some complaints unresolved.

Industry Context

The financial services industry is under scrutiny for credit reporting accuracy and loan management practices, with Tebo Financial Services being one of the companies facing consumer complaints.

Frequently Asked Questions About Tebo Financial Services, INC.

How many CFPB complaints does Tebo Financial Services, Inc. have?

Tebo Financial Services, Inc. has 7 complaints on file with the CFPB. The most recent complaint was filed on April 18, 2022.

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

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

Does Tebo Financial Services, Inc. respond to complaints on time?

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

Is Tebo Financial Services, Inc. safe to do business with?

Tebo Financial Services: Issues with Vehicle Loans and Credit Reports Tebo Financial Services, Inc. has 7 CFPB complaints. Risk score: 34/100.

What red flags exist for Tebo Financial Services, Inc.?

Potential red flags for Tebo Financial Services, Inc.: Multiple complaints about incorrect information on credit reports.. These are based on analysis of CFPB complaint patterns.

What are Tebo Financial Services, Inc.'s strengths?

Positive indicators for Tebo Financial Services, Inc.: Some customers have reported timely responses from the company..

What tips should consumers know about Tebo Financial Services, Inc.?

Be cautious of discrepancies in your credit report and follow up with Tebo Financial Services if you notice any errors.

Are complaints against Tebo Financial Services, Inc. increasing or decreasing?

There is a trend of increasing complaints related to vehicle loans and credit reports, indicating potential issues with loan management and credit reporting accuracy. Tebo Financial Services, Inc. currently has 7 total complaints.

Has Tebo Financial Services, Inc. faced regulatory action?

Tebo Financial Services has a history of regulatory actions related to credit reporting and loan management, with some complaints unresolved.

How does Tebo Financial Services, Inc. compare to industry peers?

The financial services industry is under scrutiny for credit reporting accuracy and loan management practices, with Tebo Financial Services being one of the companies facing consumer complaints.

What unique insight can be gained from the complaints about Tebo Financial Services?

The complaints highlight the importance of regular credit report checks and prompt follow-ups with the company to address any inaccuracies in the report.

Recent Complaints Against Tebo Financial Services, INC.

Complaint IDProductIssueDate ReceivedCompany ResponseState
#8152480Vehicle loan or leaseRepossession2024-01-11T12:00:00-05:00Ohio
#8151227Vehicle loan or leaseGetting a loan or lease2024-01-11T12:00:00-05:00Ohio
#7183131Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2023-06-28T12:00:00-05:00Ohio
#7035466Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2023-05-26T12:00:00-05:00Pennsylvania
#6832594Vehicle loan or leaseManaging the loan or lease2023-04-12T12:00:00-05:00Ohio
#5462285Vehicle loan or leaseManaging the loan or lease2022-04-18T12:00:00-05:00Ohio
#4827950Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2021-10-20T12:00:00-05:00Ohio

Tebo Financial Services, INC. Complaints by State

Tebo Financial Services, INC. Complaints by Product

Tebo Financial Services, INC. Complaints by Issue

Disclaimer

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

About This Report

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

Explore More