CFPB · Single-product concentration

Approve Holdings, Inc

38 CFPB complaints · 84.2% in "Vehicle loan or lease" · top issue Getting a loan or lease.

38 CFPB complaints

Approve Holdings, Inc: 84.2% of 38 CFPB complaints sit in "Vehicle loan or lease". Timely 92.1% · relief 5.3%. Allegations, not findings.

  • Single-product concentration
  • +266.7% filings 2023 to 2026

CFPB relief outcome brief

CCDB company approve-holdings-inc

5.3% relief · 92.1% timely · 38 filings · Vehicle loan or lease

Nearest relief peer: World Omni Financial Corp. (5.2% relief)

Approve Holdings, Inc (this)5.3%Credit Bureau of Carbon Coun…3%Credit Service Company0%Independent Bank Corp.15%American Capital Enterprises…1%
Closed-with-relief % among Approve Holdings, Inc and nearest filing-volume peers

Approve Holdings, Inc closes 5.3% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

Most of Approve Holdings, Inc's 38 filings include narrative text

63.2% 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 92.1%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 5.3%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Approve Holdings, Inc complaint mix by product

Total complaints: 38

Approve Holdings, Inc complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 38 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Vehicle loan: 32 complaints (84.2%), resolution 6.3% Vehicle loan 84.2% Credit reporting: 6 complaints (15.8%), resolution 0.0% Credit reporting 15.8%
  • Vehicle loan 32 84.2% 6% relief
  • Credit reporting 6 15.8% 0% relief

How Approve Holdings, Inc's 38 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Vehicle loan or lease 32
Credit reporting or other personal consumer reports 6

Where Approve Holdings, Inc complaints are filed

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
FL
21.1% of this company's filings
FL8TX5NY4NC3MD3NJ2CA2LA1

Approve Holdings, Inc rising annual filings

Annual filing volume from the CFPB public database

Rising vs first year
2026
11
+266.7% vs 2023
05101520 2023202420252026 11

Top States

State Complaints
FL 8
TX 5
NY 4
NC 3
MD 3
NJ 2
CA 2
LA 1
OH 1
NV 1
GA 1
IN 1
CT 1
WA 1
UT 1
SC 1
IA 1

Top Issues

Issue Complaints
Getting a loan or lease 14
Problems at the end of the loan or lease 13
Improper use of your report 5
Managing the loan or lease 4
Repossession 1
Identity theft protection or other monitoring services 1

Yearly Trend

Year Complaints Timely
2023 3 100%
2024 5 80%
2025 19 100%
2026 11 81.8%

Source: CFPB Consumer Complaint Database

Approve Holdings, Inc filings cluster in one product

Approve Holdings, Inc's 38 logged complaints stay concentrated: only 17 states show a filing. 63.2% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2023 through 2026-05-30.

Approve Holdings, Inc answers 92.1% of complaints inside the CFPB's tracked window and closes 94.7% with a written explanation. 5.3% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Vehicle loan or lease" draws the most filings, most often for "Getting a loan or lease."

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 Approve Holdings, Inc.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Approve Holdings, Inc: 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 Approve Holdings, Inc (92.1% timely; 5.3% relief). methodology.

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