Lil' Wave Financial, Inc.
48 consumer complaints recorded in the CFPB Consumer Complaint Database, with breakdowns by product, state, and complaint year.
Data updated June 2026
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 |
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 CFPB Consumer Complaint Database
What the CFPB Record Shows About Lil' Wave Financial, Inc.
Lil' Wave Financial, Inc.'s 48 logged complaints stay concentrated: only 12 states show a filing on record. 58.3% of filings carry a written consumer narrative, the verbatim complaint description the CFPB publishes alongside the numbers - 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..
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.
Frequently Asked Questions
How many CFPB complaints does Lil' Wave Financial, Inc. have?
48, per the CFPB's public complaint count for this company (see the full breakdown above).
Does Lil' Wave Financial, Inc. respond to complaints on time?
100% of the time, measured against the CFPB's 15-calendar-day response window.
What is the most common complaint about Lil' Wave Financial, Inc.?
"Trouble during payment process", filed under the "Mortgage" category - see the issues and products tables above for the full ranking.
Every figure on PlainComplaint is rendered directly from the CFPB Consumer Complaint Database, no number is typed in by an editor. Company figures are computed directly from the CFPB Consumer Complaint Database, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.