Debt collection -- Written notification about debt -- Complaint #4341098
Complaint Overview
Complaint ID: 4341098
Company: Source Receivables Management LLC
Product: Debt collection
Sub-Product: Other debt
Issue: Written notification about debt
Sub-Issue: Didn't receive enough information to verify debt
State: New Jersey
ZIP Code: 08021
Date Received: 2021-04-30T12:00:00-05:00
Date Sent to Company: 2021-04-30T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I am not disputing the debt of XXXX dollars. I am however making a complaint on the collection reporting to my credit on a weekly basis with sometimes reporting it three or more times a week. Every time they report this debt my credit rating drops. They are treating it as a new debt every time they report. My understanding is that they can report and update on a monthly basis. XXXX has refused to take this into account when I filed the original dispute
Frequently Asked Questions
What is Complaint #4341098 about?
Complaint #4341098 was filed against Source Receivables Management LLC regarding Debt collection specifically about Written notification about debt. It was received by the CFPB on 2021-04-30T12:00:00-05:00.
How did Source Receivables Management LLC respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Debt collection) and describe your issue in detail.
Can I see other complaints against Source Receivables Management LLC?
Yes, visit the Source Receivables Management LLC company profile at readthecomplaint.com/company/source-receivables-management-llc to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.