CFPB · Single-product concentration
First Choice Assets LLC.
35 CFPB complaints · 91.4% in "Debt collection" · top issue Communication tactics.
First Choice Assets LLC.: 91.4% of 35 CFPB complaints sit in "Debt collection". Timely 77.1% · relief 2.9%. Allegations, not findings.
- Single-product concentration
- +200% filings 2013 to 2024
CFPB relief outcome brief
CCDB company first-choice-assets-llc
2.9% relief · 77.1% timely · 35 filings · Debt collection
Same-product relief peers
Nearest relief peer: Professional Recovery Management (2.9% relief)
First Choice Assets LLC. closes 2.9% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →
Most of First Choice Assets LLC.'s 35 filings include narrative text
45.7% 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.
CFPB benchmark: response within 15 calendar days of filing.
Share closed with monetary or non-monetary relief.
First Choice Assets LLC. complaint mix by product
- Debt collection 32 91.4% – 3% relief
- Credit reporting 1 2.9% – 0% relief
- Checking or 1 2.9% – 0% relief
- Credit reporting, 1 2.9% – 0% relief
How First Choice Assets LLC.'s 35 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.
Complaints by Product
| Product | Complaints |
|---|---|
| Debt collection | 32 |
| Credit reporting or other personal consumer reports | 1 |
| Checking or savings account | 1 |
| Credit reporting, credit repair services, or other personal consumer reports | 1 |
Where First Choice Assets LLC. complaints are filed
Top states by attributed CFPB complaint volume for this company
- Leading state
- MI
- 14.3% of this company's filings
First Choice Assets LLC. rising annual filings
Annual filing volume from the CFPB public database
- 2024
- 3
- +200% vs 2013
Top States
| State | Complaints |
|---|---|
| MI | 5 |
| CA | 4 |
| NY | 4 |
| GA | 4 |
| TX | 3 |
| PA | 3 |
| NJ | 2 |
| FL | 2 |
| DE | 1 |
| AZ | 1 |
| CO | 1 |
| MO | 1 |
| UT | 1 |
| DC | 1 |
| OH | 1 |
| MD | 1 |
Top Issues
| Issue | Complaints |
|---|---|
| Communication tactics | 14 |
| Cont'd attempts collect debt not owed | 7 |
| Written notification about debt | 3 |
| Improper contact or sharing of info | 3 |
| False statements or representation | 2 |
| Improper use of your report | 1 |
| Closing an account | 1 |
| Disclosure verification of debt | 1 |
| Attempts to collect debt not owed | 1 |
| Problem with a credit reporting company's investigation into an existing problem | 1 |
| Took or threatened to take negative or legal action | 1 |
Yearly Trend
| Year | Complaints | Timely |
|---|---|---|
| 2013 | 1 | 100% |
| 2014 | 11 | 100% |
| 2015 | 6 | 100% |
| 2016 | 6 | 100% |
| 2017 | 3 | 100% |
| 2020 | 1 | 0% |
| 2021 | 1 | 0% |
| 2023 | 3 | 0% |
| 2024 | 3 | 0% |
Source: CFPB Consumer Complaint Database
First Choice Assets LLC. filings cluster in one product
First Choice Assets LLC.'s 35 logged complaints stay concentrated: only 16 states show a filing. 45.7% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2013 through 2024-10-02.
First Choice Assets LLC. answers 77.1% of complaints inside the CFPB's tracked window and closes 71.4% with a written explanation. 2.9% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Debt collection" draws the most filings, most often for "Communication tactics."
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 First Choice Assets LLC..
Compare beyond geography
Nationwide peers by volume & timely response
Two PlainComplaint-derived comparison paths for First Choice Assets 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.
Similar filing volume
Nearest companies by total CFPB complaints. This record: 35.
Similar timely response rate
Nearest companies by CFPB 15-day timely-response %. This record: 77.1%.
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 First Choice Assets LLC. (77.1% timely; 2.9% relief). methodology.
Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration