CFPB · Single-product concentration

Alum Financial, LLC

15 CFPB complaints · 86.7% in "Student loan" · top issue Dealing with your lender or servicer.

15 CFPB complaints

Alum Financial, LLC: 86.7% of 15 CFPB complaints sit in "Student loan". Timely 0% · relief 0%. Allegations, not findings.

  • Single-product concentration
  • -84.6% filings 2021 to 2022

CFPB relief outcome brief

CCDB company alum-financial-llc

0% relief · 0% timely · 15 filings · Student loan

Nearest relief peer: EdFinancial Services (0% relief)

Alum Financial, LLC (this)0%Credit Bureau of Carbon Coun…3%Credit Service Company0%Independent Bank Corp.15%American Capital Enterprises…1%
Closed-with-relief % among Alum Financial, LLC and nearest filing-volume peers

Alum Financial, LLC closes 0% with relief, below the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

Most of Alum Financial, LLC's 15 filings include narrative text

46.7% carry a written consumer narrative, this ledger is unusually text-rich for a CFPB company page. Counts still add to the company's total filings; narrative presence is not a severity finding.

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Timely response rate 0.0%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 0.0%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Alum Financial, LLC complaint mix by product

Total complaints: 15

Alum Financial, LLC complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 15 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Student loan: 13 complaints (86.7%), resolution 0.0% Student loan 86.7% Debt collection: 2 complaints (13.3%), resolution 0.0% Debt collection 13.3%
  • Student loan 13 86.7% 0% relief
  • Debt collection 2 13.3% 0% relief

How Alum Financial, LLC's 15 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Student loan 13
Debt collection 2

Where Alum Financial, LLC complaints are filed

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
NJ
26.7% of this company's filings
NJ4CO2NY1PA1AR1NV1FL1GA1

Alum Financial, LLC falling annual filings

Annual filing volume from the CFPB public database

Falling vs first year
2022
2
-84.6% vs 2021
051015 20212022 2

Top States

State Complaints
NJ 4
CO 2
NY 1
PA 1
AR 1
NV 1
FL 1
GA 1
TX 1
MS 1
OR 1

Top Issues

Issue Complaints
Dealing with your lender or servicer 11
Getting a loan 2
Took or threatened to take negative or legal action 2

Yearly Trend

Year Complaints Timely
2021 13 0%
2022 2 0%

Source: CFPB Consumer Complaint Database

Alum Financial, LLC filings cluster in one product

Alum Financial, LLC's 15 logged complaints stay concentrated: only 11 states show a filing. 46.7% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2021 through 2022-07-14.

Alum Financial, LLC answers 0% of complaints inside the CFPB's tracked window and closes 6.7% with a written explanation. 0% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Student loan" draws the most filings, most often for "Dealing with your lender or servicer."

A complaint is a consumer-reported allegation, not proven wrongdoing. See the disclaimer below for how volume relates to company size, and cross-check against the CFPB Consumer Complaint Database directly before drawing conclusions about Alum Financial, LLC.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Alum Financial, LLC: nearest filing volume and nearest CFPB timely-response rate among companies with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.

Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.

Data sourced from official public datasets for Alum Financial, LLC (0% timely; 0% relief). methodology.

Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration