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Risecredit, LLC — Overview
D Overall
Risecredit, LLC is rated overall in the bottom 24rd percentile based on 406 customer complaints.

Statistics

Number of Complaints406 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner94.8%
Resolutions Disputed by Customer3.3%
Complaints Resolved in Customer's Favor99.4%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
24rd
percentile

Contact Information

Not Available

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Risecredit, LLC — Summary

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 112 in the passed 18 months. Of those 112 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 »

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 16
2 Credit reporting Credit reporting Improper use of your report 12
3 Payday loan Installment loan Charged fees or interest you didn't expect 10
4 Debt collection Payday loan debt Attempts to collect debt not owed 7
5 Payday loan Installment loan Struggling to pay your loan 7
6 Payday loan Installment loan Problem when making payments 5
7 Payday loan Installment loan Getting the loan 5
8 Payday loan Payday loan Struggling to pay your loan 5
9 Credit reporting Credit reporting Problem with a credit reporting company's investigation into an existing problem 5
10 Payday loan Personal line of credit Charged fees or interest you didn't expect 4
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/risecredit-llc