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Bluechip Financial — Overview
B+ Overall
Bluechip Financial is rated overall in the top 78th percentile based on 380 customer complaints.

Statistics

Number of Complaints380 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner95.0%
Resolutions Disputed by Customer1.9%
Complaints Resolved in Customer's Favor100.0%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
78th
percentile

Contact Information

Not Available

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Bluechip Financial — Summary

Bluechip Financial is ranked 88th out of 3,688 banks. That puts Bluechip in the top 79th percentile and gives them an overall grade of "B+". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 380 complaints against Bluechip and 1,058,614 complaints total.

Of the 380 complaints again Bluechip, there have been 139 in the passed 18 months. Of those 139 complaints, 100.0% have been resolved in the customers favor, 1.9% have been disputed by the customer, and 95.0% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely".

The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.

Break-down by Financial Product

Grades are also broken down by financial products offered by each institution. Bluechip Financial is graded in 2 categories of financial products they offer. The top 3 categories are Payday Loan, Debt Collection and Consumer Loan.

Bluechip Financial is rated "C" in Payday Loan; and "B" in Debt Collection.

Click here to see Complete Bluechip Report Card »

Most Recent Complaints

Below is the list of the top 10 complaint reasons against Bluechip Financial. Click here to see all complaints against Bluechip.

# Product Sub-Product Issue Count
1 Payday loan Payday loan Charged fees or interest you didn't expect 29
2 Payday loan Payday loan Struggling to pay your loan 18
3 Debt collection Payday loan debt Took or threatened to take negative or legal action 17
4 Debt collection Payday loan debt Communication tactics 12
5 Debt collection Payday loan debt False statements or representation 9
6 Payday loan Installment loan Charged fees or interest you didn't expect 8
7 Payday loan Installment loan Struggling to pay your loan 7
8 Debt collection Payday loan debt Threatened to contact someone or share information improperly 6
9 Payday loan Payday loan Problem with the payoff process at the end of the loan 4
10 Debt collection Payday loan debt Attempts to collect debt not owed 3
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/bluechip-financial