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Equitable Acceptance Corporation — Overview
A- Overall
Equitable Acceptance Corporation is rated overall in the top 85th percentile based on 236 customer complaints.

Statistics

Number of Complaints236 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner100.0%
Resolutions Disputed by Customer2.6%
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
85th
percentile

Contact Information

Not Available

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Equitable Acceptance Corporation — Summary

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 179 in the passed 18 months. Of those 179 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 »

Most Recent Complaints

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 50
2 Money transfers Debt settlement Fraud or scam 20
3 Credit reporting Credit reporting Incorrect information on your report 12
4 Student loan Federal student loan servicing Struggling to repay your loan 12
5 Student loan Federal student loan servicing Dealing with my lender or servicer 8
6 Student loan Private student loan Dealing with your lender or servicer 6
7 Debt collection Federal student loan debt False statements or representation 6
8 Student loan Non-federal student loan Dealing with my lender or servicer 5
9 Debt collection Federal student loan debt Took or threatened to take negative or legal action 5
10 Credit reporting Credit reporting Improper use of your report 5
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/equitable-acceptance-corporation