CFPB · Single-product concentration
Novea Portfolio Management LLC
21 CFPB complaints · 81% in "Debt collection" · top issue Attempts to collect debt not owed.
Novea Portfolio Management LLC: 81% of 21 CFPB complaints sit in "Debt collection". Timely 81% · relief 19%. Allegations, not findings.
- Single-product concentration
- -75% filings 2015 to 2026
CFPB relief outcome brief
CCDB company novea-portfolio-management-llc
19% relief · 81% timely · 21 filings · Debt collection
Same-product relief peers
Nearest relief peer: FMA Alliance, Ltd. (19.1% relief)
Novea Portfolio Management LLC closes 19% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →
Most of Novea Portfolio Management LLC's 21 filings include narrative text
52.4% 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.
Novea Portfolio Management LLC complaint mix by product
- Debt collection 17 81.0% – 24% relief
- Credit reporting, 2 9.5% – 0% relief
- Credit card 1 4.8% – 0% relief
- Credit reporting 1 4.8% – 0% relief
How Novea Portfolio Management LLC's 21 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.
Complaints by Product
| Product | Complaints |
|---|---|
| Debt collection | 17 |
| Credit reporting, credit repair services, or other personal consumer reports | 2 |
| Credit card | 1 |
| Credit reporting | 1 |
Concentrated filing states for Novea Portfolio Management LLC
Top states by attributed CFPB complaint volume for this company
- Leading state
- CA
- 42.9% of this company's filings
Novea Portfolio Management LLC falling annual filings
Annual filing volume from the CFPB public database
- 2026
- 1
- -75% vs 2015
Top States
| State | Complaints |
|---|---|
| CA | 9 |
| FL | 2 |
| MN | 2 |
| PA | 1 |
| SC | 1 |
| TX | 1 |
| DE | 1 |
| MT | 1 |
| OH | 1 |
| GA | 1 |
| AZ | 1 |
Top Issues
| Issue | Complaints |
|---|---|
| Attempts to collect debt not owed | 3 |
| Disclosure verification of debt | 3 |
| Took or threatened to take negative or legal action | 3 |
| Electronic communications | 2 |
| Cont'd attempts collect debt not owed | 2 |
| False statements or representation | 2 |
| Credit card protection / Debt protection | 1 |
| Incorrect information on credit report | 1 |
| Taking/threatening an illegal action | 1 |
| Incorrect information on your report | 1 |
| Written notification about debt | 1 |
| Problem with a credit reporting company's investigation into an existing problem | 1 |
Yearly Trend
| Year | Complaints | Timely |
|---|---|---|
| 2015 | 4 | 75% |
| 2016 | 4 | 25% |
| 2017 | 1 | 100% |
| 2018 | 1 | 100% |
| 2020 | 2 | 100% |
| 2021 | 2 | 100% |
| 2022 | 4 | 100% |
| 2024 | 1 | 100% |
| 2025 | 1 | 100% |
| 2026 | 1 | 100% |
Source: CFPB Consumer Complaint Database
Novea Portfolio Management LLC filings cluster in one product
Novea Portfolio Management LLC's 21 logged complaints stay concentrated: only 11 states show a filing. 52.4% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2015 through 2026-04-04.
Novea Portfolio Management LLC answers 81% of complaints inside the CFPB's tracked window and closes 61.9% with a written explanation. 19% 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 "Attempts to collect debt not owed."
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 Novea Portfolio Management LLC.
Compare beyond geography
Nationwide peers by volume & timely response
Two PlainComplaint-derived comparison paths for Novea Portfolio Management 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: 21.
Similar timely response rate
Nearest companies by CFPB 15-day timely-response %. This record: 81%.
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 Novea Portfolio Management LLC (81% timely; 19% relief). methodology.
Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration