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Equitable Acceptance Corporation — Overview
B Overall
Equitable Acceptance Corporation is rated overall in the top 72st percentile based on 207 customer complaints.

Statistics

Number of Complaints207 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner97.8%
Resolutions Disputed by Customer4.9%
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
72st
percentile

Contact Information

Not Available

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Equitable Acceptance Corporation — Summary

Equitable Acceptance Corporation is ranked 115th out of 3,648 banks. That puts Equitable Acceptance in the top 72st 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 207 complaints against Equitable Acceptance and 1,002,502 complaints total.

Of the 207 complaints again Equitable Acceptance, there have been 172 in the passed 18 months. Of those 172 complaints, 100.0% have been resolved in the customers favor, 4.9% have been disputed by the customer, and 97.8% 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 41
2 Student loan Federal student loan servicing Dealing with my lender or servicer 17
3 Money transfers Debt settlement Fraud or scam 14
4 Other financial service Debt settlement Fraud or scam 10
5 Credit reporting Credit reporting Incorrect information on your report 10
6 Student loan Federal student loan servicing Struggling to repay your loan 10
7 Student loan Non-federal student loan Dealing with my lender or servicer 6
8 Student loan Private student loan Dealing with your lender or servicer 6
9 Debt collection Federal student loan debt Took or threatened to take negative or legal action 5
10 Debt collection Federal student loan debt False statements or representation 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