CFPB · Single-product concentration
Lil' Wave Financial, Inc.
48 CFPB complaints · 93.8% in "Mortgage" · top issue Trouble during payment process.
Lil' Wave Financial, Inc.: 93.8% of 48 CFPB complaints sit in "Mortgage". Timely 100% · relief 0%. Allegations, not findings.
- Single-product concentration
- +200% filings 2018 to 2026
CFPB relief outcome brief
CCDB company lil-wave-financial-inc
0% relief · 100% timely · 48 filings · Mortgage
Same-product relief peers
Nearest relief peer: Rushmore Loan Management Services LLC (0% relief)
Lil' Wave Financial, Inc. closes 0% with relief, below the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →
Response Quality Score
Lil' Wave Financial, Inc. scores strongest on timely response (100/100 percentile-benchmarked) and weakest on relief provided (0/100), blended into one 0–100 composite against the CFPB-wide distribution among companies with 10+ complaints. See methodology for the benchmark and weights.
Relief provided
0 / 100 percentile-benchmarked
0% of complaints closed with relief to the consumer
Timely response
100 / 100 percentile-benchmarked
100% of complaints answered inside the CFPB 15-day window
Closed with explanation
100 / 100 percentile-benchmarked
100% of complaints closed with an explanation to the consumer
Most of Lil' Wave Financial, Inc.'s 48 filings include narrative text
58.3% 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.
Lil' Wave Financial, Inc. complaint mix by product
- Mortgage 45 93.8% – 0% relief
- Checking or 1 2.1% – 0% relief
- Debt collection 1 2.1% – 0% relief
- Payday loan, 1 2.1% – 0% relief
How Lil' Wave Financial, Inc.'s 48 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.
Complaints by Product
| Product | Complaints |
|---|---|
| Mortgage | 45 |
| Checking or savings account | 1 |
| Debt collection | 1 |
| Payday loan, title loan, or personal loan | 1 |
Concentrated filing states for Lil' Wave Financial, Inc.
Top states by attributed CFPB complaint volume for this company
- Leading state
- CA
- 54.2% of this company's filings
Lil' Wave Financial, Inc. rising annual filings
Annual filing volume from the CFPB public database
- 2026
- 3
- +200% vs 2018
Top States
| State | Complaints |
|---|---|
| CA | 26 |
| NY | 5 |
| FL | 4 |
| NJ | 3 |
| SC | 2 |
| TX | 2 |
| CO | 1 |
| MD | 1 |
| LA | 1 |
| GA | 1 |
| MO | 1 |
| ID | 1 |
Top Issues
| Issue | Complaints |
|---|---|
| Trouble during payment process | 21 |
| Struggling to pay mortgage | 14 |
| Closing on a mortgage | 9 |
| Applying for a mortgage or refinancing an existing mortgage | 1 |
| Managing an account | 1 |
| Took or threatened to take negative or legal action | 1 |
| Problem with the payoff process at the end of the loan | 1 |
Yearly Trend
| Year | Complaints | Timely |
|---|---|---|
| 2018 | 1 | 100% |
| 2019 | 7 | 100% |
| 2020 | 8 | 100% |
| 2021 | 6 | 100% |
| 2022 | 2 | 100% |
| 2023 | 2 | 100% |
| 2024 | 6 | 100% |
| 2025 | 13 | 100% |
| 2026 | 3 | 100% |
Source: CFPB Consumer Complaint Database
Lil' Wave Financial, Inc. filings cluster in one product
Lil' Wave Financial, Inc.'s 48 logged complaints stay concentrated: only 12 states show a filing. 58.3% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2018 through 2026-06-03.
Lil' Wave Financial, Inc. answers 100% of complaints inside the CFPB's tracked window and closes 100% 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. "Mortgage" draws the most filings, most often for "Trouble during payment process."
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 Lil' Wave Financial, Inc..
Compare beyond geography
Nationwide peers by volume & timely response
Two PlainComplaint-derived comparison paths for Lil' Wave Financial, 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.
Similar filing volume
Nearest companies by total CFPB complaints. This record: 48.
Similar timely response rate
Nearest companies by CFPB 15-day timely-response %. This record: 100%.
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 Lil' Wave Financial, Inc. (100% timely; 0% relief). methodology.
Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration