Equitable Acceptance BankRank.org
Statistics
| Number of Complaints | 236 (0 In Progress) |
|---|---|
| Complaints per $100K of Deposits | — |
| Complaints Resolved in a Timely Manner | 100.0% |
| Resolutions Disputed by Customer | 2.6% |
| Complaints Resolved in Customer's Favor | 100.0% |
Financial Report
| Established | — |
|---|---|
| FDIC Certificate # | — |
| Number of Branches | — (— International) |
| Total Assets | — |
| Total Deposits | — |
| Total Equity Held | — |
| Quarterly Net Income | — |
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Equitable Acceptance Corporation is ranked 62nd out of 3,688 banks. That puts Equitable Acceptance in the top 85th percentile and gives them an overall grade of "A-". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 236 complaints against Equitable Acceptance and 1,058,614 complaints total.
Of the 236 complaints again Equitable Acceptance, there have been 125 in the passed 18 months. Of those 125 complaints, 100.0% have been resolved in the customers favor, 2.6% have been disputed by the customer, and 100.0% 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. Equitable Acceptance Corporation is graded in 1 category of financial products they offer. The top 3 categories are Student Loan, Debt Collection and Money Transfers.
Equitable Acceptance Corporation is rated "A" in Student Loan.
Click here to see Complete Equitable Acceptance Report Card »
Below is the list of the top 10 complaint reasons against Equitable Acceptance Corporation. Click here to see all complaints against Equitable Acceptance.
| # | Product | Sub-Product | Issue | Count |
|---|---|---|---|---|
| 1 | Student loan | Federal student loan servicing | Dealing with your lender or servicer | 38 |
| 2 | Money transfers | Debt settlement | Fraud or scam | 18 |
| 3 | Credit reporting | Credit reporting | Incorrect information on your report | 11 |
| 4 | Student loan | Federal student loan servicing | Struggling to repay your loan | 9 |
| 5 | Credit reporting | Credit reporting | Improper use of your report | 5 |
| 6 | Student loan | Private student loan | Dealing with your lender or servicer | 5 |
| 7 | Money transfers | Debt settlement | Confusing or misleading advertising or marketing | 5 |
| 8 | Debt collection | Federal student loan debt | False statements or representation | 5 |
| 9 | Debt collection | Federal student loan debt | Took or threatened to take negative or legal action | 4 |
| 10 | Student loan | Private student loan | Getting a loan | 3 |