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Risecredit, LLC — Overview
D Overall
Risecredit, LLC is rated overall in the bottom 19th percentile based on 383 customer complaints.

Statistics

Number of Complaints383 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner94.0%
Resolutions Disputed by Customer6.0%
Complaints Resolved in Customer's Favor98.7%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
19th
percentile

Contact Information

Not Available

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Risecredit, LLC — Summary

Risecredit, LLC is ranked 335th out of 3,648 banks. That puts Risecredit in the bottom 18th percentile and gives them an overall grade of "D". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 383 complaints against Risecredit and 1,002,502 complaints total.

Of the 383 complaints again Risecredit, there have been 139 in the passed 18 months. Of those 139 complaints, 98.7% have been resolved in the customers favor, 6.0% have been disputed by the customer, and 94.0% 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. Risecredit, LLC is graded in 1 category of financial products they offer. The top 3 categories are Payday Loan, Debt Collection and Credit Reporting.

Risecredit, LLC is rated "D-" in Payday Loan.

Click here to see Complete Risecredit Report Card »

Most Recent Complaints

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

# Product Sub-Product Issue Count
1 Credit reporting Credit reporting Incorrect information on your report 13
2 Credit reporting Credit reporting Improper use of your report 9
3 Payday loan Installment loan Charged fees or interest you didn't expect 9
4 Payday loan Installment loan Struggling to pay your loan 7
5 Consumer Loan Installment loan Managing the loan or lease 6
6 Debt collection Payday loan debt Attempts to collect debt not owed 6
7 Consumer Loan Installment loan Problems when you are unable to pay 5
8 Payday loan Installment loan Problem when making payments 5
9 Consumer Loan Installment loan Taking out the loan or lease 5
10 Credit reporting Incorrect information on credit report 5
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/risecredit-llc