|Number of Complaints||406 (0 In Progress)|
|Complaints per $100K of Deposits||—|
|Complaints Resolved in a Timely Manner||94.8%|
|Resolutions Disputed by Customer||3.3%|
|Complaints Resolved in Customer's Favor||99.4%|
|FDIC Certificate #||—|
|Number of Branches||— (— International)|
|Total Equity Held||—|
|Quarterly Net Income||—|
Contact InformationNot Available
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Risecredit, LLC is ranked 322nd out of 3,688 banks. That puts Risecredit in the bottom 23nd 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 406 complaints against Risecredit and 1,058,614 complaints total.
Of the 406 complaints again Risecredit, there have been 56 in the passed 18 months. Of those 56 complaints, 99.4% have been resolved in the customers favor, 3.3% have been disputed by the customer, and 94.8% 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. Risecredit, LLC is graded in 1 category of financial products they offer. The top 3 categories are Payday Loan, Credit Reporting and Debt Collection.
Risecredit, LLC is rated "F" in Payday Loan.
Click here to see Complete Risecredit Report Card »
Below is the list of the top 10 complaint reasons against Risecredit, LLC. Click here to see all complaints against Risecredit.
|1||Credit reporting||Credit reporting||Improper use of your report||8|
|2||Credit reporting||Credit reporting||Incorrect information on your report||7|
|3||Payday loan||Installment loan||Charged fees or interest you didn't expect||7|
|4||Payday loan||Installment loan||Struggling to pay your loan||6|
|5||Debt collection||Payday loan debt||Attempts to collect debt not owed||5|
|6||Payday loan||Personal line of credit||Charged fees or interest you didn't expect||3|
|7||Debt collection||Payday loan debt||False statements or representation||2|
|8||Payday loan||Payday loan||Incorrect information on your report||2|
|9||Credit reporting||Credit reporting||Problem with a credit reporting company's investigation into an existing problem||2|
|10||Payday loan||Payday loan||Struggling to pay your loan||2|