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Mercantile Adjustment Bureau, LLC — Overview
B Overall
Mercantile Adjustment Bureau, LLC is rated overall in the top 69th percentile based on 255 customer complaints.

Statistics

Number of Complaints255 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner100.0%
Resolutions Disputed by Customer4.2%
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
69th
percentile

Contact Information

Not Available

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Mercantile Adjustment Bureau, LLC — Summary

Mercantile Adjustment Bureau, LLC is ranked 125th out of 3,688 banks. That puts Mercantile Adjustment Bureau in the top 70th 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 255 complaints against Mercantile Adjustment Bureau and 1,058,614 complaints total.

Of the 255 complaints again Mercantile Adjustment Bureau, there have been 55 in the passed 18 months. Of those 55 complaints, 100.0% have been resolved in the customers favor, 4.2% 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. Mercantile Adjustment Bureau, LLC is graded in 1 category of financial products they offer. The top 3 categories are Debt Collection, Credit Reporting and Vehicle Loan or Lease.

Mercantile Adjustment Bureau, LLC is rated "B-" in Debt Collection.

Click here to see Complete Mercantile Adjustment Bureau Report Card »

Most Recent Complaints

Below is the list of the top 10 complaint reasons against Mercantile Adjustment Bureau, LLC. Click here to see all complaints against Mercantile Adjustment Bureau.

# Product Sub-Product Issue Count
1 Debt collection Other debt Attempts to collect debt not owed 7
2 Debt collection I do not know Communication tactics 7
3 Credit reporting Credit reporting Incorrect information on your report 5
4 Debt collection I do not know Attempts to collect debt not owed 4
5 Debt collection Other debt Communication tactics 3
6 Debt collection Credit card debt False statements or representation 3
7 Debt collection Auto debt Attempts to collect debt not owed 3
8 Debt collection Other debt Written notification about debt 3
9 Debt collection Other debt False statements or representation 2
10 Debt collection Other debt Took or threatened to take negative or legal action 2
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/mercantile-adjustment-bureau-llc